The Cabinet of Ministers has amended the rules on assessing the impact of tax and customs exemptions on state budget revenues and maintaining a register of those exemptions, approved by a decision dated February 8, 2020.
“Operative Information Center-OMM” reports that Prime Minister Ali Asadov signed a new decision on the matter.
Under the decision, new tax and customs exemptions have been introduced in Azerbaijan.
The list now includes the import of rare motor vehicles, limited to no more than one vehicle per calendar year and 10 nationwide, subject to a certificate from the Ministry of Culture. It also covers the import of works of art, collectors’ items and antiques whose commodity codes under the Foreign Economic Activity Commodity Nomenclature are determined by the Cabinet of Ministers.
