YEREVAN. - It is proposed to increase excise tax on petrol and liquid gas in Armenia, Deputy Chairman of the State Revenue Committee (SRC) Vakhtang Mirumyan said, introducing the new draft Tax Code in the Armenian Parliament Thursday.
From the present 120,000 AMD per 1 ton of petrol, it is proposed to increase the excise up to 135,000 (approx. $280 USD).
Besides, it is planned to impose a tax in the amount of 25,000 AMD per 1000 cu m.
The Tax Code must enter into force on 1 January 2018.
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