Thursday, April 18 2024 17:20
Naira Badalian

Armenia introduces new rules for labeling carbonated, non-carbonated  waters

Armenia introduces new rules for labeling carbonated, non-carbonated  waters

ArmInfo. Since April 15, 2024, carbonated and non-carbonated waters in Armenia will undergo digital  labeling according to EAEU standards. The resolution was adopted on April 18 at a meeting of the RA government.

In particular, as stated in the rationale of the document, internal  stamping mechanisms and the EAEU standard are currently in effect on  the territory of the Republic of Armenia. To sell water within the  Republic of Armenia, economic operators use the stamp stamping  mechanism. At the same time, the EAEU has developed a new standard  for stamping using identification. To export their goods to the EAEU  countries, entrepreneurs must place a digital excise tax on the  goods, if this is mandatory for this product within the borders of  the exporting state.

The abovementioned two mechanisms have several features. In the case  of excise stamping, information about each piece of product is not  fully transmitted to the State Revenue Committee of the Republic of  Armenia, which does not make it possible to ensure the full  traceability of each piece. Meanwhile, marking with identification  means is a newer solution that allows you to control the movement of  each piece of goods from entry into circulation to consumption and  completely transfer information to the government agency. This  creates the opportunity to combat the shadow and circulation of  counterfeit products fully

By this decision, the RA Cabinet of Ministers establishes rules for  labeling products classified as codes 2201 10 110 0, 2201 10 190 0,  2201 10 900 0, 2201 90 000 0 within the Eurasian Economic Union. As a  result, the introduction of a system of numerical labeling of  carbonated and non-carbonated waters using identification means will  lead to a reduction in state budget expenses (currently the state  pays for excise taxes, and in the case of digital stickers, the costs  are borne by the business).

In addition, The amount to be paid by Armenian exporters to the  operators of other EAEU countries for control marks will be paid to  Armenian businessmen from now on and will have a positive impact on  the RA economy. As a result, there will be a unified form of stamp  for the entire EAEU. Integrating the system with the relevant state  bodies will ensure the control of the entire cycle of circulation of  goods, from production or import to consumption. The public will  carry out the control of the authenticity of the products through a  special mobile app. 

POST A COMMENT
Input digits     


News
Russian government presents results of 23rd meeting of  Armenian-Russian intergovernmental commissionRussian government presents results of 23rd meeting of  Armenian-Russian intergovernmental commission
USD transactions down RUB ones up in in Armenia`s interbank foreign  exchange market Dec 16 to 20USD transactions down RUB ones up in in Armenia`s interbank foreign  exchange market Dec 16 to 20
Idram Junior Donated Books to SchoolsIdram Junior Donated Books to Schools
"Gray deals" involving gold and diamonds seen in private transfers
Overchuk: Trade turnover between Russia and Armenia reached $10.2  billion in the first 10 months of 2024Overchuk: Trade turnover between Russia and Armenia reached $10.2  billion in the first 10 months of 2024
Armenian Deputy Prime Minister: Agricultural trade turnover between  Armenia and Russia increased by 7%Armenian Deputy Prime Minister: Agricultural trade turnover between  Armenia and Russia increased by 7%
Team Telecom Armenia`s Sustainable Development Bonds to be listed at  Armenia Stock ExchangeTeam Telecom Armenia`s Sustainable Development Bonds to be listed at  Armenia Stock Exchange
 EBRD invests $13.5 million  in Team Telecom Armenia`s $75 million  bond issuance  EBRD invests $13.5 million  in Team Telecom Armenia`s $75 million  bond issuance 
Are all funds protected in Russian banks?Are all funds protected in Russian banks?
Global digital cooperation gaining currency in interconnected world -  Armenian NA vice-speaker Global digital cooperation gaining currency in interconnected world -  Armenian NA vice-speaker 
Armenia`s economy minister, C-Quadrat Ampega reps discuss development  of Armenia`s capital market Armenia`s economy minister, C-Quadrat Ampega reps discuss development  of Armenia`s capital market 
RA Embassy in USA hosts special fireside chat on USAID`s lasting  impact in strengthening Armenia`s economic resilience and democratic  governanceRA Embassy in USA hosts special fireside chat on USAID`s lasting  impact in strengthening Armenia`s economic resilience and democratic  governance
Armenia committed to constructive cooperation within BSEC to advance  peace and stability in Black Sea Region and beyond - Armenian FM Armenia committed to constructive cooperation within BSEC to advance  peace and stability in Black Sea Region and beyond - Armenian FM 
Big Christmas Market with Idram, IDBank and idplusBig Christmas Market with Idram, IDBank and idplus
Armenia implements 10 investment projects in Eurasian region - EDBArmenia implements 10 investment projects in Eurasian region - EDB
Armenian government plans to hold IPO for its share in  Zangezur  Copper and Molybdenum CombineArmenian government plans to hold IPO for its share in  Zangezur  Copper and Molybdenum Combine
Armenia, Japan to sign convention abolishing double taxationArmenia, Japan to sign convention abolishing double taxation
EFSD to issue $2mln grant to Armenia to improve financing reporting  quality of government agencies EFSD to issue $2mln grant to Armenia to improve financing reporting  quality of government agencies 
Armenia, Hungary to sign economic cooperation agreementArmenia, Hungary to sign economic cooperation agreement
ZCMC paid AMD 33.249bln to Armenia`s state budgetZCMC paid AMD 33.249bln to Armenia`s state budget
Interregional cooperation high on agenda of Armenian-Russian  intergovernmental commissionInterregional cooperation high on agenda of Armenian-Russian  intergovernmental commission
Deputy Minister of High-Tech Industry, ITU Regional Director discuss  future cooperationDeputy Minister of High-Tech Industry, ITU Regional Director discuss  future cooperation
IMF Board completed the 4th review under the SBA with Armenia,  providing the country with access to SDR $24.12 millionIMF Board completed the 4th review under the SBA with Armenia,  providing the country with access to SDR $24.12 million
Armenia, Iran discuss tourism cooperation prospects Armenia, Iran discuss tourism cooperation prospects 
Armenia facing serious demographic challenge - Tigran JrbashyanArmenia facing serious demographic challenge - Tigran Jrbashyan
Lars open for cars Lars open for cars 
The Best Gifts for New Year for Your Loved OnesThe Best Gifts for New Year for Your Loved Ones
Conflict of interests between West and Russian to harm Armenian  nuclear energy - opinion Conflict of interests between West and Russian to harm Armenian  nuclear energy - opinion 
Laws designed to develop Armenia`s technological sector - minister Laws designed to develop Armenia`s technological sector - minister 
Development of nuclear diplomacy for Armenia is a strategic task -  expert Development of nuclear diplomacy for Armenia is a strategic task -  expert 
Converse Bank included in the list of Confirming banks of the EBRD  TFPConverse Bank included in the list of Confirming banks of the EBRD  TFP
Armenian Stock Exchange conducts first-ever government bond switch  actionArmenian Stock Exchange conducts first-ever government bond switch  action
IDBank, Idram, and idplus at the Big Christmas MarketIDBank, Idram, and idplus at the Big Christmas Market
Armenian-Russian Intergovernmental Commission meeting to take place  in MoscowArmenian-Russian Intergovernmental Commission meeting to take place  in Moscow
Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE BoardConverse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board
IFC anchors Armenia`s first sustainability-linked bondsIFC anchors Armenia`s first sustainability-linked bonds
Armenia`s Minister of Economy calls on Greek businesses to make use  of the benefits offered by the countryArmenia`s Minister of Economy calls on Greek businesses to make use  of the benefits offered by the country
Andrew Turner seeking ways to enhance trade relations between Canada  and ArmeniaAndrew Turner seeking ways to enhance trade relations between Canada  and Armenia
Greece interested in stregthening cooperation with Armenia -  Konstantinos Fragkogiannis Greece interested in stregthening cooperation with Armenia -  Konstantinos Fragkogiannis 
Russia leader in Belarussia, Armenia trade Russia leader in Belarussia, Armenia trade 
Armenian, Georgian railroaders coordinate plans for 2025Armenian, Georgian railroaders coordinate plans for 2025
Converse Bank has been included in the list of Confirming Banks of the EBRD TFPConverse Bank has been included in the list of Confirming Banks of the EBRD TFP
Yerevan   to host Armenian-Greek Intergovernmental Commission meeting Yerevan   to host Armenian-Greek Intergovernmental Commission meeting 
Expert: SMR technologies are still futuristicExpert: SMR technologies are still futuristic
RA NA Member: Thanks to EAEU, Armenia experienced significant GDP  growthRA NA Member: Thanks to EAEU, Armenia experienced significant GDP  growth
Armenia, Iran discuss potential for launching joint jewelry  productionArmenia, Iran discuss potential for launching joint jewelry  production
Lifting embargo by Ankara, Baku could mean loss of Armenian economy,  statehood - economist Lifting embargo by Ankara, Baku could mean loss of Armenian economy,  statehood - economist 
Armenia`s economy minister presents assistance programmes for  slaughterhouses Armenia`s economy minister presents assistance programmes for  slaughterhouses 
Armenia`s premier on objective of turnover tax revision Armenia`s premier on objective of turnover tax revision 
Slowly but steadily we are making progress: Health Minister  Slowly but steadily we are making progress: Health Minister  
Lars open for light vehiclesLars open for light vehicles
Armenian interbank foreign exchange  market increased significantly,  while ruble transactions decreasedArmenian interbank foreign exchange  market increased significantly,  while ruble transactions decreased
Acba Bank and IFC to allocate $50 million for MSME  development in  ArmeniaAcba Bank and IFC to allocate $50 million for MSME  development in  Armenia
Armenian authorities approved STARLINK license Armenian authorities approved STARLINK license 
Pashinyan: EAEU ensures economic development dynamics of its member  countriesPashinyan: EAEU ensures economic development dynamics of its member  countries
EBRD and AraratBank Join Forces to Promote Green Economy and Competitiveness in ArmeniaEBRD and AraratBank Join Forces to Promote Green Economy and Competitiveness in Armenia
RA Ministry of Economy, World Bank outline next steps for TRIPRA Ministry of Economy, World Bank outline next steps for TRIP
Loss ratio under MPTL insurance contracts showing continued upward  trend in Armenian insurance marketLoss ratio under MPTL insurance contracts showing continued upward  trend in Armenian insurance market
Armenia, China discuss new areas of collaboration in high- tech  sectorArmenia, China discuss new areas of collaboration in high- tech  sector
"Upper Lars" closed for trucks - Attache
Read more
Exchange rates
20.12.2024
RUB3.850.02
USD395.050.14
EUR410.46-0.52
GBP494.09-5.04
CAD274.660.23
JPY25.200.04
CNY54.130.01
CHF441.540.69