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Azerbaijan approves simplified customs regime for special economic zones

Azerbaijan approves simplified customs regime for special economic zones

29 December 2009 13:37 (UTC +04:00)

Baku. Rashad Suleymanov - APA-ECONOMICS. Azerbaijan’s Cabinet of Ministers has approved the simplified rules for customs controls, customs checkpoints, customs clearance of goods, crossing of vehicles and individuals at the boundaries of special economic zones".

According to the rules, customs checkpoint may be established in the SEZ by the State Customs Committee unless otherwise provided for the customs registration by the law.

For these purposes, electronic control and declarations may be made use of.

Under the rules, goods imported into and exported from the SEZ are not subject to import duties and VAT, customs duties and taxes (excluding excise duty).

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