In October, customs revenues were down
Baku/08.11.13/Turan : In October of this year, Customs Service of Azerbaijan will generate revenue to the state budget in the form of taxes and fees 122 682.1 thousand manats. It is 1,256 manats or 1.1 % less than in September.
Since the beginning of the year by the State Customs Committee ( SCC) transferred to the state budget 1 134.4 million manat, which is 14.8 % ( 146.6 million manat) higher than in the first ten months of 2012.
According to the SCC , the bulk of revenues ( 71.3 %) accounted for the value added tax ( 633.3 million manat). Compared to the same period in 2012, this type of customs duties taxes rose by about 22%. But the Customs fees amounted to 189.5 million manat, which is 6.5 million or 3.3 % less than in January- August last year.
Recall that this year's forecast of fees to the state budget through the SCC increased from 1.2 to 1 billion 380 million manats. And next year, this strip increased to 1,510 bn ( + AZN 130 million ) . Including: VAT - 1070 mln , levies - 330 , excise taxes - 90 million and road tax - 20 million manat.
As a rule , the customs officers cope with the task , which shows how the great potential of customs duties and the level of corruption in this structure. - 08B-
-
- Economics
- 8 November 2013 15:34
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review