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In case of exporting goods up to 1 million drams, no customs duty will be paid. The NA committee approved the draft

by luffypresscompa2209
March 21, 2022
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The Standing Committee on Economic Affairs of the National Assembly of the Republic of Armenia approved the draft law submitted by the government, which aims to eliminate possible obstacles for small exporters from Armenia, before collecting customs duties in case of export of goods worth 1 million drams. “Armenpress”–As reports Armenpress, the draft law on making changes in the law “On State Duty” was presented by the RA Minister of Economy Vahan Kerobyan at the sitting of the NA committee.

Among other changes, the draft stipulates that exempt from the state duty to one consignee per consignee transported across the RA border by one transport document (except for export, including EEU member state) – goods with a total customs value not exceeding the equivalent of 200 euros, per consignor Goods not exported to the consignee through one border document, including the EEU member state, the total customs value of which does not exceed 1 million AMD, etc.

According to the Minister, the working name of the project in the ministry is Volterman’s project.

“It has to do with Volterman wallets, because that change was proposed by them. Եւ Many other companies, when selling goods on the Internet արտ when exporting goods from Armenia, face the problem that even when exporting goods for a very small amount, they have to pay customs duties, which in some cases may even exceed the value of the goods և takes a lot of time. For example, Volterman wallets with an average value of $ 250 take several days to complete customs clearance. In fact, doing business from Armenia in the world, carrying out retail sales is problematic. “Therefore, we suggested that the government also supported the view that no customs duties should be paid for the export of goods amounting to 1 million drams,” the minister said.

As a result of this change, there will be a reduction of about 100 million drams in state budget revenues, which will have a negative impact on the budget, but, according to the minister, lifting this ban will significantly improve the volume of small exports from Armenia.

Answering the question about the possible risk, Kerobyan said that he considers it absolutely illogical that when someone has to export goods worth 1.5 million drams, turn one shipment document into two shipment documents, make one recipient two, do all the actions twice, so that several thousand save money. The change is aimed solely at lifting the ban on small exporters.

www.lragir.am




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