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Azerbaijan increasing tax on cigarettes

Society Materials 12 June 2018 17:42 (UTC +04:00)
Azerbaijani Parliament at a plenary meeting has adopted amendments to the Tax Code, which provide for an increase in the tax on cigarettes produced in the country.
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)

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