17:02 - 3.12.2021
December 3, Fineko/abc.az. Some proposals have been submitted to the parliament and have been adopted.
ABC.AZ presents these proposals.
The VAT refund mechanism will not apply to cars, alcoholic beverages and tobacco products;
An excise tax will be applied to electronic cigarettes;
Import and sale of hybrid cars, sale of electric vehicles will be exempt from VAT;
Excise tax rates will be increased for passenger cars with engine capacity of more than 3,000 cc and for old cars;
Excise taxes on vodka, liqueur and cognac will be increased;
The limit of the need criterion is defined at the level of 200 manats;
The living wage was raised up to 210 manats.
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