Azerbaijan's Parliament expands list of excisable products

12 February 2021 19:33 (UTC+04:00)

By Trend

Azerbaijan's Parliament has expanded the list of products to which excise rates will be applied.

This was reflected in the amendments to the Tax Code, which were discussed at a meeting of the Parliament on Feb. 12, Trend reports.

According to the amendments, it is proposed to apply excise rates to the following products: with the exception of shisha and industrial tobacco, to all other types of tobacco, as well as ‘homogenized’ or ‘reconstituted’ tobacco - 30 manat ($17.6) per kilogram; for tobacco and tobacco products consumed as a result of heating - 12.9 manat ($7.5) per 1,000 units.

Following the discussion, the amendments were adopted on the second reading.

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