2024-02-28 18:21:21
It is a common practice that when the excise tax on tobacco products is raised too much, mostly manufacturers and importers try to pass it on to the price to be passed on to consumers, rather than paying the tax on their profits. Deputy Minister of Finance Arman Poghosyan mentioned in a conversation with journalists in the National Assembly.
He added that the tobacco excise tax was increased by 15 percent in previous years, and now it is proposed to increase it by 10 percent for the next three years. may be more harmful to health. Not to mention that they can use homemade tobacco products.”
To the question of how many cigarettes are sold in Armenia annually, Arman Poghosyan answered: “The capacity of our domestic market is about 5 billion rolls per year, about half of which is imported and half is produced locally.” This share may change in different years.”