Azerbaijan temporarily cancels customs duty on AI-92 gasoline import
Customs duty on AI-92 gasoline import has been cancelled in Azerbaijan for a period of 60 days, said the country’s Cabinet of Ministers.
Earlier, the customs duty was 15 percent, but zero interest rate will be in effect from Aug. 16.
Customs duty on the import of other kinds of gasoline is 15 percent.
Moreover, the excise rate on gasoline import (except for aviation gasoline) has been reduced from 200 to 1 Azerbaijani manat per ton for a period of 60 days.
These decisions have been made by Azerbaijan’s Cabinet of Ministers. Both decisions enter into force from the date of signing.
Accordingly, the cancellation of customs duty and reduction of excise tax on AI-92 gasoline will prevent the rise in prices for imported fuel in Azerbaijan.
Ilham Aliyev allocates 5.1M manats for construction of highway in Fuzuli district
President of the Republic of Azerbaijan Ilham Aliyev has signed an order on extra measures related to the construction of highway in Fuzuli district.
Under the order, 5.1 million Azerbaijani manats were allocated from the State Budget for 2016 for completing the construction of the highway.
