Baku, Azerbaijan, April 5
By Anvar Mammadov – Trend:
Azerbaijan’s State Customs Committee transferred 726.99 million manats to the state budget in January-March 2018, which is 27.3 percent more than in January-March 2017, reads the Committee’s report issued on April 5.
Revenues from customs duties amounted to 281.24 million manats, revenues from value added tax (VAT) – 189.76 million manats, revenues from excise duty – 14.24 million manats, and revenues from highway-use tax - 2.82 million manats in March 2018.
Revenues from the customs duties increased by 35.2 percent, revenues from VAT - by 36.1 percent, revenues from the excise tax - by 2.83 percent and revenues from the highway-use tax - by 4.7 percent in March 2018 as compared to March 2017.
The forecast on customs revenues of Azerbaijan’s state budget was 2.43 billion manats for 2018.
(1.7 manats = $1 on April 5)