Today.Az » Business » ANS Commerce faces criminal proceedings
25 January 2007 [12:46] - Today.Az
Taxes Ministry's Department for Preliminary Investigation of Tax-related Crimes has instituted criminal case against ANS Commerce of ANS Group of Companies on mass tax evasions.
A source told the APA that the Criminal Proceedings is ongoing under Criminal Code Article 213 (evasion of compulsory payments through distorted income and expenditure statement and other financial frauds).
If convicted, by the Article the wrongdoer could face up to two years in jail.
The Ministry Press Service admitted to the APA that the Department for Preliminary Investigation of Tax-related Crimes is currently probing to wrongdoings at ANS Commerce.
Taxes Ministry examined ANS Commerce during August-September last year and fined AZN 31,000 for tax evasion. ANS Group of Companies filed an appeal to Economic Court #1 by submitting judgments of international and local auditors so as to prove disagreement with the Ministry's examination results. The documents were referred to the Justice Ministry's Criminology Institute for Trail Probe into Crimes, but the Court considered the request as baseless. The Company appealed against the decision.