ArmInfo.Producers of alcoholic fruit products will receive some tax breaks. The decision was made at a government meeting on March 5.
According to the Minister of Economy of the Republic of Armenia Tigran Khachatryan, according to the current regulations, in the production of alcohol and alcohol products tax breaks are applied for chemical, physical and climatic losses. However, this measure, applied at the end of 2018, did not apply to alcoholic products from fruits. This, most likely, as the minister noted, was caused by insufficient volumes of its production. However, taking into account the active growth of fruit alcohol products, it became necessary to resolve this issue. Together with the Ministry of Finance and the State Revenue Committee, regulations were developed in this area that fully comply with the regulations applicable in the production of cognac. It should be noted that according to the data of the Statistical Committee of the Republic of Armenia, in 2019 Armenia increased the production of all alcoholic beverages, with the exception of whiskey.
According to the data of the Statistical Committee of the country, in 2018, the subsidence of volumes was observed in the production of vodka and alcoholic beverages, whiskey and champagne. In particular, according to the source, 43.5 million liters were produced in the country during the reporting period. cognac, which is 41.5% more than the indicator a year ago (instead of 2.5% growth for the same period a year earlier). The volume of wine produced in Armenia accelerated the annual growth rate from 0.3% to 31.6%, amounting to 12.6 million liters, champagne - by 34.2% to 1 million liters, against a decline of 12.8% a year earlier . Vodka production increased by 18.6% (against the decline by 31.1% in 2018) to 5.9 million liters, and beer - by 11.4% (against the growth by 15.3%) to 26.3 million liters. . According to statistical data, during the reporting period, 712.9 thousand liters were produced in Armenia. whiskey, which is 11.6% less than the indicator a year ago (against a decline of 23.3% a year earlier).
