Deadline for VAT Payment Extended for Company Building Knitwear Factory

The government has extended the VAT payment deadline for the company 'SATENKAR' from 2020 to 2021. The company is constructing a knitwear production factory in Aragatsotn region.

In the first phase, raw materials were imported, costing approximately 286.5 million AMD. Currently, there is a need to import an additional batch of raw materials worth about 300 million AMD in the second phase.

According to information provided by the company, 14 new jobs have been created within the framework of the investment program, with a total investment of 181.2 million AMD.