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
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review