Azerbaijan’s State Customs Committee transferred almost 1.4 billion manats to the state budget in January-July, up by 18.64% YoY, says the Committee’s report.
The Committee transferred 256.6 million manats to the budget in July. Revenues from customs duties amounted to about 61.3 million manats, value added tax – 184.5 million manats, excise duty – 8.06 million manats, and highway-user tax – 2.8 million manats in July.
Revenues from customs duties decreased by 33.15% YoY in July. Revenues from VAT rose by 49.5%, from excise duty – by 45.4% and from highway-user tax – by 7.7%.
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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