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LAW OF THE REPUBLIC OF ARMENIA

of December 26, 2011 No. ZR-317

About modification and amendments in the Law of the Republic of Armenia "About the excise tax"

Accepted by National Assembly of the Republic of Armenia on December 6, 2011

Article 1. In article 5 of the Law of the Republic of Armenia "About the excise tax" of July 7, 2000 ZR-79 (further - the Law):

Lines of the table of part 1, 2207 and 2208 Commodity Nomenclatures of Foreign Economic Activity concerning codes 2203, of 2204, of 2205, of 2206, to state 1) in the following edition:

2203

Beer

In case of local production from selling price (without the value added tax and the excise tax) or 1 liter

From customs value when importing or 1 liter

30 percent, but at least than 105 dram for 1 liter

2204

Grape wines

In case of local production from selling price (without the value added tax and the excise tax) or 1 liter

From customs value when importing or 1 liter

10 percent, but at least than 100 dram for 1 liter

2205

Vermouth and other grape wines which contain plant and aromatic extracts

In case of local production from selling price (without the value added tax and the excise tax) or 1 liter

From customs value when importing or 1 liter

50 percent, but at least than 750 dram for 1 liter

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