Bank Of Baku

Customs Committee to increase budget transfers by 14%

Customs Committee to increase budget transfers by 14%
# 17 February 2016 11:42 (UTC +04:00)

Compared to the approved forecast, the transfers on value added tax will increase by AZN 180 mln or 16.1%, on customs duties – AZN 40 mln or 11.5%. The increase is due to cancellation of preferences on VAT to import of a group of goods and new exchange rate of manat.

 

In the approved budget, the SCC transfers had been forecasted to make AZN 1,590 bln.

 

 

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THE OPERATION IS BEING PERFORMED