Baku, Azerbaijan, Jan. 13
By Maksim Tsurkov – Trend:
Under the decision of Azerbaijan’s Cabinet of Ministers, the rates of import duties for certain civil aviation products have been reduced to zero percent.
According to the decision, corresponding changes were made to the Cabinet’s decision dated Apr. 12, 2001, on rates of export duties and the list of goods attracted to the export duty while exporting from the Republic of Azerbaijan.
Jet engines, hydraulic systems, hydraulic motors, buses that will be used for the passengers’ transportation at an airport, civil helicopters, airplanes, rubber pneumatic tires and other equipment and spare parts are exempted from import duties.
The new rates will be effective from Feb. 13, 2017.
---
Follow the author on Twitter: @MaksimTsurkov