Azerbaijan increasing tax on cigarettes
Baku, Azerbaijan, June 12
By Elchin Mehdiyev - Trend:
Azerbaijani Parliament at a plenary meeting has adopted amendments to the Tax Code, which imply for an increase in the tax on cigarettes produced in the country.
Thus, a tax of 12 manats will be levied for every 1,000 cigarettes produced in Azerbaijan.
Previously, this tax amounted to 4 manats.
Tobacco products worth 11.51 million manats were manufactured in Azerbaijan in January-April 2018, according to Azerbaijan’s State Statistics Committee. Compared with the same period last year, this indicator grew 2.7 times.
(1.7 manats = 1 USD on June 12)