BAKU, Azerbaijan, Feb.2
By Elchin Mehdiyev – Trend:
Excise rates will be applied to a number of products in Azerbaijan, Trend reports.
The issue was reflected in the amendments to the Tax Code, discussed at a meeting of the country’s parliament held on Feb.1.
The amendments proposed to apply excise rates to:
- all tobacco products intended for smoking, chewing and sniffing (except for hookah tobacco and industrial tobacco), as well as ‘homogenized’ or ‘reconstituted’ tobacco - 30 manat ($17.6) per kilogram;
- tobacco and tobacco products consumed as a result of heating - 12.9 manat ($7.6) per 1,000 units.
Following discussions the proposed amendment was adopted on first reading.