Armenia’s leading freight forwarding company “Spayka” is charged with large-scale tax evasion. The State Revenue Committee(SRC) says investigation has revealed that AMD 7,036,666,312 in customs duty and tax generated as a result of entrepreneurial activity was not paid to the state budget.
The Committee said that in 2014 and 2015, Spayka LLC’s management purchased from European non-EAEU member states - including Poland and Belgium - cheese, pears, apples, Chinese cabbage, tomatoes and other goods via Spayka LLC, and imported them to Armenia via Georgia between January 1st, 2015 and January 11th, 2016.
During the import, when exporting the mentioned goods to Armenia at Georgia’s customs border, documents containing actual descriptions, weight, value, country of origin, suppliers and buyers of the goods and other actual data including invoices were presented to Georgia’s customs authorities: however, when importing the goods to Armenia, fake documents were presented to Armenian customs which showed that the imported goods were simply goods relieved from customs duty and value added tax, whereas Greenproduct LLC - managed by the management of Spayka LLC - was mentioned as the importing company.
As a result the goods actually imported from different overseas companies were customs cleared in Armenia as different goods exempt from customs duty and value added tax.
“Thus, in the reported period using the above-mentioned shadow scheme and failing to declare in the manner and terms prescribed by law the actual data of the goods imported to Armenia by Spayka LLC, i.e. failing to present relevant customs declarations and instead presenting – by using the name of Greenproduct LLC - fake data serving as a basis to calculate tax, duty and other mandatory payment, thus purposely intending to avoid paying tax, duty and other mandatory payment, 7 036 666 312 drams of customs duty and tax generated as a result of entrepreneurial activity carried out by Spayka LLC was not paid to state budget. Investigation and judicial activities are still in progress to identify the damage caused to the state during the rest of 2016 as well as in 2017 and 2018,” the State Revenue Committee said.
The company’s Director Davit Ghazaryan is charged with committing the mentioned crime for an offence under part 2 of Article 205 of the Criminal Code of Armenia.
Davit Ghazaryan hasn’t been arrested, but a petition has been filed with the First Instance Court of General Jurisdiction of Yerevan to select arrest as a preventive measure. The hearing is expected later today.