VAT to be charged for all cargos imported to Georgia from January 11

PanARMENIAN.Net - As per the new tax legislation of Georgia, customs offices of the country will charge VAT (18%) for all cargos with Import mark.

According to information placed on the official website of the RA State Revenue Committee, cargos with Export or Transit mark are tax exempt.

If a part of cargo is for import, while a part of it is for export, the cargo is considered to be an imported one, thus, a tax will be charged for it.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---