Significant Revelations Expected Soon: Badasyan on Shadow Turnover of 'Nor Zovk' and Other Businesses

Following studies conducted at the supermarket chain 'Nor Zovk' and other business entities, the State Revenue Committee (SRC) is set to make new revelations in the near future. This was stated by the head of the SRC, Rustam Badasyan, during a press briefing.

“From the seized servers, based on our preliminary observations, we have calculated shadow turnover amounting to tens of billions of drams. This is not only concerning 'Nor Zovk', as there are numerous business entities involved. It is possible that shadow turnover exceeding 100 billion drams will be revealed. I refer to the cases for which we have issued reports and where servers have been identified,” said Badasyan.

He urged the business operators to submit accurate calculations and, together with penalties, begin to make payments to avoid unpleasant consequences.

The SRC chairman assured that shadow turnover will be uncovered and not only will the presumed benefits be lost, but they will also find themselves in an even more complicated situation.