Azerbaijan lifts VAT from wheat, flour imports
BAKU – Wheat and flour imported to Azerbaijan have been made exempt from Value Added Tax (VAT) under the government’s decision. The measure will be in effect until August 2011, according to the Cabinet of Ministers website.
VAT makes up 18 percent in Azerbaijan.
According to the state program for the period 2008-15 aiming to ensure reliable food supply for the country’s citizens, annual grain production should be 2.8 million tons. However, this year’s harvest was below the required level as arable land decreased by 147,000 hectares compared to 2009 and some of the sowing areas were hit by floods in spring.
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