(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 30. Tax and customs
privileges will be applied to the production of mine clearance
equipment and armor protection clothing in Azerbaijan, trend reports.
This issue was reflected in the amendment to the Tax Code of the
Republic of Azerbaijan on May 30, which was put up for discussion
at today's meeting of the Milli Majlis (Parliament).
As part of the cleaning of territories liberated from Armenian
occupation, as well as other territories of the country exposed to
the effects of war, from mines and unexploded ordnance, explosive
devices and other explosive remnants, the import of all types of
machinery, equipment, technical means and devices, their spare
parts are exempt from tax from March 1, 2023, for a period of 5
years.
Moreover, individual protective clothing, tools, equipment,
components and raw materials, technologies of their creation and
(or) production, as well as mine-detecting dogs are also exempt
from paying tax.
After discussion, the amendment was put to the vote and adopted
in the first reading.
MENAFN30052023000187011040ID1106358984
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.