Raw materials and materials that are used in Azerbaijan's
liberated territories are exempt from customs duties, trend reports.
This issue is reflected in the amendments to the Customs Tariff
Law discussed at the Parliament's meeting on November 29.
The bill provides for exemption from import duties on raw
materials and materials that are used in the production activity by
residents of liberated lands, registered for VAT purposes, for a
period of 10 years from January 1, 2023. The list of these
materials will be approved by relevant executive authority.
The amendments were put to the vote in the Azerbaijani
Parliament and approved in the first reading.
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Tags: azerbaijani parliament customs azerbaijan's liberated territories
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