Amendments to the VAT treatment of operations involving the sale of precious metals and related acquisitions

Dear Colleagues, According to the amendments made to the RA Tax Code, from May 1, 2023 changes have been made to the Tax Code regarding the amounts deductible for VAT arising from the alienation of precious metals and semi-finished precious metal products for jewelry purposes and acquisitions related to these transactions. To find out more details and get a consultation, you can contact us at 093 12 30 08.