YEREVAN, November 1. /ARKA/. Armenia’s small and medium-sized businesses will be able to obtain cash registers at a lower cost now than before. The respective decision was adopted at a government meeting Thursday.
Enterprises below the VAT threshold (with an annual turnover of 58.35mln drams) will buy cash registers for 150,000 drams maximum, deputy head of Armenia’s state revenues committee Vakhtang Mirumyan said in presenting the draft government decree.
The cost of cash registers for businesses with turnover from 58.35 to 500 million drams will be 280,000 drams maximum, Mirumyan said.
Under the decree, refund of difference will be provided to companies that have already obtained their cash registers at higher costs.
This is done to support small and medium-sized enterprises, Armenia’s prime-minister Tigran Sargsyan said at the meeting.
The prime-minister stressed the government is not preventing anyone from importing cash registers to the country.
“Some people say the registers may be imported at lower costs than now. We will be glad if anyone manages to import them at a lower cost”, the head of the government said. ($1=405.03drams). -0-