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Article 1. The excise tax is an indirect tax included in the price of goods.

Article 2. The excise tax in the Republic of Armenia is paid by the enterprises, institutions, organizations, entrepreneurs and citizens (hereinafter payers) producing and realizing wine- vodka production, beer, grapes wine, wine materials, fish caviar, tobacco production, goldsmith, precious (bijouterie) articles, fur, fur articles (except the working and military semi-coats made from sheep fur) and natural leather clothes, cars, porcelain and crystal articles, petrol, as well as by payers importing to the Republic of Armenia the goods liable to excise tax and which are originating from those countries which have not concluded the agreements of free trade with the Republic of Armenia.

The excise tax on petrol is paid by all enterprises, institutions, organizations, entrepreneurs and citizens importing petrol into the Republic of Armenia, irrespective of the country from which the goods are originated" /Amendments of November 2, 1995, effective from December 1, 1995 and in part of the excluding of the words "auto tyres" and "handwork carpets" - Amendments of December 18, 1996, effective from January 1, 1997 /.

Article 3. The excise tax is paid from the income derived from the realization of the goods liable to tax.

For the goods produced in the Republic of Armenia and liable to excise tax the subject of taxation is their turnover - at the sale prices of goods (without excise tax and value added tax).

For the goods importing in the Republic of Armenia and liable to excise tax the subject of taxation is the importing price of these goods (without value added tax) /Amendments of December 18, 1996, effective from January 1, 1997/.

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Article 4. The following items are not liable to the excise taxation:

1) the realization of goods liable to excise tax and exported to the countries which have not concluded the agreements of free trade with the Republic of Armenia /Amendments of November 2, 1995, effective from December 1, 1995/;

2) the goods realized as raw materials (components) for the purpose of industrial processing by the taxpayers produced goods liable to the excise taxation acted within the territory of the Republic of Armenia, to the taxpayers that have the status of legal person and that are produced and realized similar goods /Amendments of April 18, 1993, effective from June 1, 1993/.

Article 5. Establish the following excise tax rates:

Code of the production according to the trade nomenclature of external economic activity	The name of the group of goods	Excise tax rates (%):
1	2	3
22.07; 22.08	Wine-vodka production	125
22.03	Beer	75
22.04; 22.05	Grapes wine, wine materials	50
16.04.30100	Fish caviar	200
24.02	Tobacco production, including: cigarettes with filter cigarettes without filter	100 100 50
71.13; 71.14; 71.15; 71.16; 71.17	Goldsmith, precious (bijouterie) articles	30
43.42.03	Fur, fur articles (except the working and military semi-coats made from sheep fur) and natural leather clothes	25
87.03	Cars	15
69.11; 70.13.31	Porcelain and crystal articles	25
2710.00200	Petrol	25

/Amendments of December 18, 1996, effective from January 1, 1997/.

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Article 6. Excise tax amount liable to pay is calculated by taxpayers independently proceeding from.

1) the turnover of goods produced in the territory of the Republic of Armenia and liable to the excise taxation, and established tax rates;

2) the value of import of goods imported to the Republic of Armenia and liable to the excise taxation, and established tax rates /Amendments of April 18, 1993, effective from June 1, 1993/.

Article 7. The legal persons producing and realizing wine- vodka products, pay the excise tax in proportion to the realization of production within three working days following the realization.

Legal persons producing and realizing other kinds of products indicated in the Article 2 of this Law pay excise tax from the income derived from realization of products within the first and second decades of the current month - within next three working days and from the income received for realization of products within third decade - within the first three working days of the next month.

The institutions, enterprises and organizations without the status of legal person, as well as the citizens pay the excise tax during the year in the form of advance payments once a quarter before each 15th of the last month of this quarter (for the forth quarter - before November 15), at amount equal to one forth of annual tax amount, proceeding from total amount of the assumed annual income indicated in tax returns, except wine- vodka producers and sellers, for whom the order of the excise tax payments is established for a month, at amount equal to one twelfth of annual tax amount, which is paid before 25th of this month (the last payment for November and December must be done before November 15). The final calculation must be done during the submission of tax returns on annual actual income, proceeding from the total amount of actual income.

The payment of the excise tax for the goods imported to the Republic of Armenia is carried out in the corresponding customs bodies of the Republic of Armenia in case when the goods are imported to the territory of the Republic of Armenia /Amendments of April 18, 1993, effective from June 1, 1993/.

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Article 9. The accrual of the tax to the budget is carried out according to the order established by the legislation of the Republic of Armenia .

Article 10. The Government of the Republic of Armenia by the consent of the Permanent Commission on Economy, Finance and Budget of the National Assembly of the Republic of Armenia can establish the rates of fixed payments of the excise tax, the procedure of their calculation and payment as well as the privileges for individual payers or group of payers /Amendments of April 18, 1993, effective from June 1, 1993/.

Article 11. The instructions for implementation of this Law are worked out and published by the State Tax Inspectorate of the Republic of Armenia (in respect of the excise tax paid out for goods imported to the Republic of Armenia in consent with the Customs Department of the Republic of Armenia) coordinating with the Ministries of Finance and Justice of the Republic of Armenia /Amendments of April 18, 1993, effective from June 1, 1993/.

Yerevan June 6, 1992

N HC-0634-1-3P-33 L. TER-PETROSIAN, The President of the Republic of Armenia

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