CPT leader opposes tax exemption for Holding Cont Groups of Tajikistan

DUSHANBE, March 20, 2013, Asia-Plus  — Deputy of the Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) Shodi Shabdolov, who is also leader of the Communist Party of Tajikistan (CPT), has opposed exemption of value added tax and customs duties for joint-stock company (JSC) Holding Cont Group of Tajikistan. “I am utterly opposed to the government’s […]

Avaz Yuldoshev

DUSHANBE, March 20, 2013, Asia-Plus  — Deputy of the Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) Shodi Shabdolov, who is also leader of the Communist Party of Tajikistan (CPT), has opposed exemption of value added tax and customs duties for joint-stock company (JSC) Holding Cont Group of Tajikistan.

“I am utterly opposed to the government’s proposal to exempt JSC Holding Cont Groups of Tajikistan from paying VAT and customs duties on 20 passenger buses and 40 cars,” MP Shabdolov stated at a regular sitting of the Majlisi Namoyandagon on March 20.

According to him, parliamentarians do not know who is behind these doubtful companies.

Deputy Finance Minister, Ruhullo Hakimov, noted that founders of the Holding Cont Groups of Tajikistan were Tajik nationals.  He, however, refrained from naming them.

The majority of parliamentarians seconded the government’s proposal to exempt JSC Holding Cont Groups of Tajikistan from paying VAT and customs duties on 20 passenger buses and 40 cars.

They also seconded the government’s proposal to exempt all the pedigree stock breeding farms from paying VAT and customs duties this year.

We will recall that an official ceremony of reopening of Dushanbe Bus Terminal after major reconstruction took place on March 12.  The Dushanbe bus terminal now has 40 comfortable buses manufactured by German MAN Truck & Bus AG, which is one of Europe”s leading commercial vehicle manufacturers.  The private air carrier, Asian Express Airline, which was established in 2007, owns 100 percent of shares in Dushanbe Bus Terminal.

Reconstruction of the Dushanbe bus terminal was reportedly funded by JSC Holding Cont Groups of Tajikistan and its partners.  A total cost of the project is 140 million somoni.

According to information posted on Kont Holding’s website, the implementation of the plans of subsidiaries of JSC Holding Cont Groups of Tajikistan is controlled by Kont Holding.  

 

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