(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 13. In accordance with
the relevant resolution signed by Prime Minister of Azerbaijan Ali
Asadov, the import and sale of mass media outputs, books and
textbooks, as well as paper used for the production and publication
of these products are exempt from value added tax (VAT), Trend reports.
Head of Communication Department at Media Development Agency of
the Republic of Azerbaijan Saida Shafiyeva noted that the recent
global rise in prices has also affected paper products on the
domestic market. In order to support local consumers and media
entities, the government exempted imports of these products from a
VAT rate of 18 percent, which will reduce prices for these
products.
She also emphasized that the heads of print media and
broadcasting companies supported this approach during the
discussion on this issue. The head of the department added that the
decision would increase the economic sustainability of print
media.
Tags:
- Azerbaijan
- media
- Value added tax (VAT)
- Ali Asadov
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