Bank Of Baku

Azerbaijan’s customs agencies increase budget transfers by 4%

Azerbaijan’s customs agencies increase budget transfers by 4%
# 10 January 2012 14:11 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. State Customs Committee has transferred AZN 108.130 mln funds to the state budget during December, 2011.

According to SCC, AZN 33.117 mln were transferred to the state budget as customs duties, AZN 67.230 mln as VAT, AZN 6.832 mln were collected on excises, AZN 0.950 mln on road taxes. Customs duties decreased by 20%, charges on VAT rose 6.1%, on excises – 18.3% and on road taxes – 1.1% compared to April.

SCC’s transfers in 2011 rose AZN 39.403 mln or 3.6% in comparison to 2010.
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