Azerbaijan exempts gasoline imports from duties

January 29, 2014

In accordance with the decision of the Azerbaijani Cabinet of Ministers, the import of motor gasoline brands with octane rating of 95 and 92 respectively have been exempted from customs duty. The relevant decision was posted on the Cabinet of Ministers website on January 28, Trend has reported.

The duty rate was decreased from 15 percent to zero, in accordance to the decision.

In accordance to another decision of the Cabinet of Ministers, the excise rate on import of these gasoline brands was decreased from $250 to $1 per ton.

These decisions entered into force on January 21 and will remain valid till June 1, 2014.

Copyright: Trend, 2014