(MENAFN- Trend News Agency ) Baku, Azerbaijan, Nov. 23
By Azad Hasanli – Trend:
Import of a number of varieties of live fish will be exempt from customs duties in Azerbaijan in 2018, according to the 'Commodity Nomenclature of Foreign Economic Activity, Rates of Import and Export Customs Duties' approved by the decision of the country's Cabinet of Ministers.
In particular, import of varieties of trout, lamprey, carp, tuna and other fish will be exempt from customs duties. Currently, customs duty rates of 0.5 percent are applied in Azerbaijan for the import of live fish.
It was earlier reported that Azerbaijan will switch to a new system of customs duties in 2018.
In other words, customs duty rates of 0, 5 and 15 percent on raw materials and goods imported to Azerbaijan will be applied in the country in 2018.
Today, the customs rates of 0, 0.5, 1, 3, 5, 10 and 15 percent are applied in the country.
The majority of the goods (raw materials and equipment) will be exempt from customs duties in 2018.
Besides, starting from 2018, the custom duties of 15 percent will be applied for the import of finished products to Azerbaijan.
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