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Last year 64% of imports to Azerbaijan weren’t subject to VAT"Report" studio AIC Analytics Art Business Cultural policy Diaspora Domestic policy Ecology Education and science Energy European Games Exhibitions Finance Football Foreign policy Health ICT Incident Individual sports Industry Infrastructure Interesting Karabakh Literature Media Military Milli Majlis Multimedia Nagorno-Karabakh conflict Other countries Region Religion Show business Social security Team sports Tourism World Cup 2022
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Latvian President visits Alley of Martyrs"Report" studio AIC Analytics Art Business Cultural policy Diaspora Domestic policy Ecology Education and science Energy European Games Exhibitions Finance Football Foreign policy Health ICT Incident Individual sports Industry Infrastructure Interesting Karabakh Literature Media Military Milli Majlis Multimedia Nagorno-Karabakh conflict Other countries Region Religion Show business Social security Team sports Tourism World Cup 2022
Latvian President pays respect to National Leader Heydar AliyevAzerbaijan imported goods worth $10.73 billion last year, Chairman of the State Customs Committee Safar Mehdiyev said at an event dedicated to the results of 2020 and the future objectives, Report informs.
At the same time, 59 percent of import operations have been exempted from customs duties, he said.
‘Some 41 percent of transactions were subject to customs duties. Of them, 26.5 percent of imports were subject to 15% duties, 8.2 percent – to 5% duties, and 5.6 percent – to specific rates of customs duties,’ he said.
Mehdiyev noted that the share of VAT exemptions in total imports was 64 percent.
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