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Azerbaijan can prolong VAT exemption for import, sale of hybrid vehicles

Economy Materials 4 November 2022 16:11 (UTC +04:00)
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, November 4. The VAT exemption for imports of hybrid vehicles in Azerbaijan can be prolonged for another year, Trend reports on November 4 via the country’s draft state and consolidated budget for 2023.

The document envisages a one-year extension of the exemption on the import and sale of hybrid vehicles with a production date of no more than three years and an engine capacity of no more than 2,500 cubic centimeters from VAT.

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