The import of wheat into Azerbaijan has been exempted from VAT for another 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%.
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Write to us
Our manager will contact you soon