YEREVAN, APRIL 3, NOYAN TAPAN. In January-February 2007, tax revenues of the RA state budget made over 60.6 bln drams (about 168.4 mln USDF), which ensured the fulfilment of the first quarter's program by 67.2%. According to the RA Ministry of Finance and Economy, tax revenues grew by 28.2% or 13.3 bln drams on the same months of 2006. A growth of revenues was registered with respect to all taxes, except excise tax. VAT amounted to 31.7 bln drams or 52.3% of tax revenues. 17.7 bln drams of this sum was received from taxation on the RA borders, 14 bln drams - from domestic turnover of goods and services. VAT revenues grew by 43.2% or 9.6 bln drams on the same period of 2006. Taxes from import and domestic turnover increased by 23.5% and 79.7% respectively. 8.3% of tax revenues of the state budget was at the expense of excise tax, which amounted to over 5 bln drams. Particularly, 3.7 bln drams was received from taxation of imported goods subject to excise tax, 1.6 bln drams of which was received from taxation of imported gasoline and diesel fuel and 1.6 bln drams - from taxation of imported cigarettes. State budgetary revenues from taxation of goods produced in Armenia and subject to excise tax made 1.3 bln drams, 302.2 mln drams of which was received from domestic producers of cigarettes. Excise tax revenues declined by 22.5% or 1.5 bln drams on the same period of last year, which is mainly conditioned by a decline in import of cigarettes and gasoline, as well as by a decline in local production (sales) of cigarettes.

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