Azerbaijan's Cabinet of Ministers: Some types of fuel, kerosene exempted from import customs duties
BAKU, Azerbaijan, Mar. 3
By Nargiz Ismayilova - Trend:
Import of fuel of TC-1 brand for jet engines and kerosene of KO-20 brand to Azerbaijan are exempted from import customs duties until January 1, 2021, Trend reports referring to the country’s Cabinet of Ministers.
As reported, TC-1 fuel for jet engines, to which a 15 percent import customs duty has so far been applied, is exempt from the duty.
Furthermore, the 15-percent import customs duty on lighting kerosene of KO-20 and kerosene of KT-2 brands, used for technical purposes, has been canceled, the cabinet of ministers said.
According to the cabinet of ministers, import into Azerbaijan of other types of fuel and kerosene will be subject to customs duties of 15 percent.
This decision was adopted by the Cabinet of Ministers of Azerbaijan on February 27, 2020, and comes into force on April 2, 2020.
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