The value added tax (VAT) exemption for the import of electric motor vehicles will be valid for another year. On September 14, 2023, the government approved the draft law "On Amendments to RA Tax Code", which extended the allowance until January 1, 2025.
During the Government session, Deputy Minister of Economy Armen Khojoyan emphasized that the volume of import of electric motor vehicles has increased over the past two years. "Particularly, in 2022, compared to 2021, the import volume of cars with an electric motor increased 1.8 times, and compared to 2020, it increased by about 12 times. The volume of imports of electric motorcycles and mopeds in 2022 increased 3.8 times compared to 2021," the deputy minister noted.
Deputy Prime Minister Mher Grigoryan noted that attention should be paid to the disposal of electric vehicles in this area.
September 15, 2023 at 12:21