The import of wheat into Azerbaijan has been exempted from VAT for another three years
The import and sale of wheat, as well as the production and sale of wheat flour and bread in Azerbaijan, have been exempted from taxation for an additional three years.
According to Report, this is reflected in an amendment to the Tax Code.
The duration of the tax exemption has been extended until January 1, 2027.
It’s worth noting that the import and sale of wheat, and the production and sale of wheat flour and bread in Azerbaijan, have been exempt from taxation since January 1, 2017, and this period has been extended twice since then.
The VAT rate in the country is 18%.
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