On October 22 the head of state issued a decree abolishing customs duties for individuals in the importation of goods into the country, costing up to 10 thousand US dollars, and for every minor up to 2 thousand US dollars. This innovation does not apply to products for industrial and commercial purposes.
Previously, the amount of duty-free import of goods was $ 1,500 for adults and $ 500 – for minors.
At the same time, the decree stated that this innovation does not apply to "excise goods, vehicles and equipment to meet the necessary needs for a trip."
Azerbaijani State Customs Committee is charged with preparing information on the location of the list of goods, import and export of which is restricted or prohibited on special announcement boards at the state border checkpoints.
In accordance with Article 190 of the Tax Code of the Azerbaijan Republic, alcohol, beer and all kinds of alcoholic beverages, tobacco products, petroleum products, motor vehicles (excluding vehicles for special purposes, equipped with special signs and devices), yachts for pleasure or sports, as well as other floating transports stipulated for these purposes, are excisable goods. -- 02D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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