The State Customs Committee of Azerbaijan transferred almost 1.15 billion manats to the state budget in January-June, up by 15.4% YoY, according to the Committee’s report.
The Committee transferred more than 173.65 million manats to the state budget in June. Revenues from customs duties amounted to about 44.22 million manats, from the value added tax – 124.63 million manats, from excise duties – 2.69 million manats and from highway-user tax – 2.11 million manats in June.
Revenues from customs duties decreased by 26.6% YoY in June. Revenues from VAT increased by 64.6%, while revenues from excise duties fell by 56.8% and from highway-user tax – by 18.8%.
The forecast on customs revenues of Azerbaijan’s state budget is 2.205 billion manats for 2017. (Trend/Business World Magazine)
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