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New customs duties to be applied in Azerbaijan next year


Starting from next year, new import and export customs duties will be applied in Azerbaijan, APA reports.

 

In this regard, the Cabinet approved the "Commodity Nomenclature of Foreign Economic Activity of the Republic of Azerbaijan, the Rates of Import Customs Duties and Rates of Export Customs Duties".

 

The new decision comes into force on January 1, 2018. The Cabinet accordingly canceled the "Rates of Import Customs Duties on Goods Imported to the Azerbaijan Republic" and "List of Goods Subject to Export Customs Duty when Exporting from the Republic of Azerbaijan and Rates of Export Duties" approved by Resolution No.80 of April 12, 2001.

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