Baku/09.01.14/Turan : Azerbaijan Customs Service provided allocation by subjects of foreign economic activities (FEA) of 1 billion 383 million 245 thousand manats, which is 3,245 AZN or 0.2 % more than the predicted figure for 2013 .
The share of value added tax accounted 986 million or 71.2% of customs duties. Compared to the previous year customs VAT increased by 11,6 %. Increased the collected customs duties ( 298.2 million manat) of 29.3 %. For other types of taxes ( excises - 81.3 million manat and road tax - 17.6 million manat) there were no major changes .
This year, customs officers have to collect 1 billion 510 million manats.
Businessmen claim that one of the sources of consumer inflation in Azerbaijan and monopoly in the consumer market is the country's customs service. Customs authorities manipulate prices for imported consumer goods are hold discriminatory policies against FEA subjects and even require exporters to extortion. For example , manufacturers of agricultural products now argue that local customs prevents them from exporting, requiring them to illegal exactions. This led to the fact that tens of thousands of tonnes of fruit (mainly apples and citrus fruit) are destroyed in warehouses or in the trees, remaining uncollected. 08D
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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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.
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