7,000 Cash Registers Installed In Trade Centers Of Armenia By Dec 1

7,000 CASH REGISTERS INSTALLED IN TRADE CENTERS OF ARMENIA BY DEC 1

ARKA
Dec 30, 2008

YEREVAN, December 30. /ARKA/. About 7,000 network cash registers were
installed in trade centers of Armenia as of December 1, Chairman of
State Revenues Committee Gagik Khachatryan told a press conference
Monday.

Specialists of the Committee helps organizations get cash registers
registered in territorial tax inspectorates, Khachatryan said.

Currently works are carried out to develop software for the network
of cash registers, he said.

He also pointed out that an unprecedented mechanism of encouraging
the public in introduction of cash registers is currently used in
Armenia. In 2009, a drawing will be held on cash receipts given to
the population.

The cash register installation that lasted a couple of years is
finally solved, the Chairman said.

On August 21, Armenian Parliament amended the country’s law about trade
and services that provides amendments also to the law cash registers.

The amendments bind trade centers with area of 7 square meters in
Yerevan and 10 square meters in other settlements to install cash
registered. On September 1, a requirement was put also for fairs to
install cash registers.

This raised discontent among businessmen.