In January-February 2013, the State Customs Committee collected to the state budget customs duties and taxes in the total amount of 179.6 million manat. This is 15% more than in the same period last year.
The structure of customs duties by types of duty and taxes changed. The majority (75.6%) of revenues accounted for by VAT - 135.8 million manats (49.4%). Parallel decreased revenues on import customs duties. In January-February 2012, their volume was 54.3 million manat, and for the same period this year this figure had fallen to 35.5 million manat (-34.7%).
The volume of road tax was 2.4 mln (+19.5%), excise tax - 5.7 mln (-34.5%). In January this year, the amount of excise taxes decreased about a quarter.
In 2013, the government raised its forecast on customs duties from 1200 million to 1380 million manat. - 08D-
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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