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Azerbaijan to exempt sale, import of electric cars from VAT in 2022

12 November 2021 10:00 (UTC+04:00)
Azerbaijan to exempt sale, import of electric cars from VAT in 2022

By Trend

The sale of electric cars in Azerbaijan will be exempt from VAT starting next year, Deputy Minister of Economy Sahib Alakbarov said during the discussion of documents included in the 2022 state budget package at a joint meeting of parliamentary committees of youth and sports, labor and social policy, agrarian policy, regional issues, natural resources, energy and ecology, Trend reports.

Commenting on the proposal of MP Asim Mollazade to introduce privileges on the import of these cars, Alakbarov said that since 2019, imports of electric cars will also be exempt from VAT.

"The charging points will also be exempt from VAT," Alakbarov said.

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