Customs revenues of Azerbaijani budget increase

Azerbaijan's State Customs Committee transferred 445.75 million manats to the state budget in January-February 2018, which is 20.8 percent more than in January-February 2017, reads the Committee's report issued on March 7.

Revenues from customs duties amounted to 219.66 million manats, revenues from value added tax (VAT) 151.69 million manats, revenues from excise duty 6.39 million manats, and revenues from highway-use tax - 2.6 million manats in February 2018.

Revenues from the customs duties increased by 16.8 percent, revenues from VAT - by 11 percent, revenues from the excise tax - by 19.2 percent and revenues from the highway-use tax - by 8.3 percent in February 2018 as compared to February 2017.

The forecast on customs revenues of Azerbaijan's state budget was 2.43 billion manats for 2018.

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