Baku, Azerbaijan, Nov. 24
By Azad Hasanli – Trend:
Customs duties on import of cars will be raised in Azerbaijan starting from 2018.
This is stipulated in the “Nomenclature of Goods of Foreign Economic Activity, Customs Rates for Import and Export”, approved by the Cabinet of Ministers.
Under the new tariffs, the duty on the import of new cars with an engine capacity of 1,500 cubic centimeters and more will be $0.7 per each cubic centimeter, and for used cars with the same engine volumes – $1.2 per each cubic centimeter.
Currently, the customs duty on the import of new cars with an engine capacity of 1,500 cubic centimeters or more is $0.4 per each cubic centimeter, and for used cars – $0.7 per each cubic centimeter.
For new and used cars with an engine capacity of less than 1,500 cubic centimeters, the import customs duty remained unchanged – $0.4 and $0.7 per each cubic centimeter, respectively.