“Grand Tobacco” was exempted from customs responsibility. the corporate will make an funding of 176.3 billion drams, 150 new jobs will probably be created with a mean month-to-month wage of as much as 476 thousand drams – 2024-05-18 00:42:19

by times news cr

2024-05-18 00:42:19

In at the moment’s session of the chief physique, it was determined to exempt the restricted legal responsibility firm “GRAND TOBACCO” from customs duties as a part of the funding program applied within the precedence sector.

“The event of the draft determination is because of the have to exempt the imported technological gear, their constituent and complementary elements, uncooked supplies and (or) supplies from import duties inside the framework of the funding venture carried out by the restricted legal responsibility firm “GRAND TOBACCO” within the precedence sector.

The uncooked supplies imported by the restricted legal responsibility firm “GRAND TOBACCO” are deliberate for use for the manufacturing of cigarettes.

The manufacturing will probably be carried out within the metropolis of RA. In Yerevan.

Inside the framework of the venture, it’s deliberate to take a position 176.3 billion drams for the acquisition of uncooked supplies.

It’s deliberate to create 150 new jobs inside the framework of the funding program with a mean month-to-month wage of as much as 476 thousand drams.

The worth of the products offered for acquiring the privilege is 175 billion drams. The privilege of exemption from customs responsibility is estimated at 8.6 billion drams”, it’s acknowledged within the justification.

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