SCPEC clarifies: “Regarding the information regularly published in the media and on social media about the increase in alcohol prices, we inform that the increase is conditioned solely by changes in the RA Tax Code, which is in line with our EEU obligations.

Specifically, according to Article 88 (4) of the RA Tax Code, Excise tax shall be calculated against the tax base of the transactions and operations deemed to be excisable objects at the following rates:

“In case of sales (including without compensation) of bottled goods classified under 2207 CN FEA code and of goods classified under 2208 CN FEA code (except for unbottled cognac and unbottled cognac spirit with 40 percent or higher alcohol concentration) by excise taxpayers, as well as organisations and individual entrepreneurs not deemed to be excise taxpayers, the selling price of those goods (including excise tax and value added tax) may not be less than AMD 3 500 per litre recalculated for 100 percent spirit..”

Thus, the price of 1 liter of alcohol (with 100% recalculation of alcohol) is 6000 AMD.

Dear Citizens, Thank you for your cooperation and for helping us raise awareness, “the statement said.