Customs Committee reduced transfers to State Budget by 10.7%

15:25 - 11.01.2021

January 11, Fineko/abc.az. The State Budget received AZN 3.938 bn from the State Customs Committee for 2020 (by 10.7% less than in 2019).

ABC.AZ reports with reference to the State Customs Committee that last year Committee’s transfer on the customs duties to the State Budget decreased by 8.4% compared with 2019 and amounted to AZN 1.016 bn.

State Budget VAT revenues declined by 8.7% to AZN 2.485 bn. In 2020 the excise tax revenues lowered by 42.5% AZN 143.5 million.

By Elmir Murad

 

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