Spayka CEO charged with big amount of tax evasion

The officials of the investigative department of the State Revenue Committee have revealed a case of big amount of tax evasion.

In particular, the company presented false documents at customs service while importing products in the period from 01/01/2015-11/01/2016 presenting the products under the name of another product which are free of customs fee and value added tax.

It has been revealed that the company used the shadow scheme, hid the real information of imported products, did not present corresponding customs declarations and instead presented false information under the name of Grinpoduct company aimed at evading taxes.

As a result Spayka company has not paid customs fees and taxes totaling 7,036,666,312 AMD.

The company’s CEO Davit Ghazaryan has been charged on April 4, 2019.

Ghazaryan has not been arrested yet.

The SRC investigative department’s official has filed a petition to the Yerevan court of general jurisdiction to apply arrest as Gazaryan’s preventive measure.

The examination of petition is set for April 5.

The investigation continues.