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PEAK RETAIL PRICE TO BE PRINTED ON CIGARETTE PACKS IN ARMENIA
YEREVAN, April 11. /ARKA/. Armenia's government approved Thursday a
package of amendments relating to the technical rules and procedures of
"Tobacco goods."
>From now on, the maximum retail price should be printed on a cigarette
pack.
Acting Minister of Finance Vache Gabrielyan clarified the government
was expected to approve this package of amendments since new amendments
to the laws on "Excise tax," "Fixed payments for tobacco goods"
and some other related laws which authorize a common taxation for
tobacco goods are to be enacted on January 1, 2014.
Once the amendments were approved, prices for Armenian domestic
tobacco goods started growing.
Adhering to its international commitments, in October 2010 Armenia
adopted a package of amendments which equalize the conditions for
domestic producers and importers of tobacco goods, petrol, diesel fuel
and vodka. Since then, the rate of fixed payments have been gradually
climbing , as a result, the domestic producers and importers are
subject to paying almost the same fees. -0-
From: A. Papazian
YEREVAN, April 11. /ARKA/. Armenia's government approved Thursday a
package of amendments relating to the technical rules and procedures of
"Tobacco goods."
>From now on, the maximum retail price should be printed on a cigarette
pack.
Acting Minister of Finance Vache Gabrielyan clarified the government
was expected to approve this package of amendments since new amendments
to the laws on "Excise tax," "Fixed payments for tobacco goods"
and some other related laws which authorize a common taxation for
tobacco goods are to be enacted on January 1, 2014.
Once the amendments were approved, prices for Armenian domestic
tobacco goods started growing.
Adhering to its international commitments, in October 2010 Armenia
adopted a package of amendments which equalize the conditions for
domestic producers and importers of tobacco goods, petrol, diesel fuel
and vodka. Since then, the rate of fixed payments have been gradually
climbing , as a result, the domestic producers and importers are
subject to paying almost the same fees. -0-
From: A. Papazian