Azerbaijan Renews Duty On Tobacco Products
Date
5/24/2024 6:09:24 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 24. A new duty has beenestablished in Azerbaijan for importers and manufacturers oftobacco products, Trend reports via the amendment to the law "On StateDuty."
The issue was discussed at today's meeting of the Azerbaijaniparliament.
The amendment envisages imposing a duty in the amount of 150manat ($88) for providing business entities importing and producingtobacco products with an extract from the entities' register.
After discussion, the amendment was put to a vote and adopted inthe third reading.
To note, Azerbaijan increased imports of tobacco and tobaccoproducts by 9.91 percent from January through April 2024 comparedto the same period last year, up to $36.4 million.
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