These funds to be exempt from customs duties

20.09.2022,16:52


September 20, Fineko/abc.az. A number of funds related to educational activities in Azerbaijan will be exempt from customs duties.

ABC.AZ reports that the relevant draft amendments to the Law on Customs Tariff, signed by President Ilham Aliyev, have been submitted to Milli Majlis.

The amending draft document envisages exemption from customs duties of a number of imported equipment, devices, installations and other means related to educational activities. The list of equipment, devices, installations and other means related to educational activities will be approved by the relevant governmental body. The proposed amendments to the law will come into force on 1 January 2023 and will be valid for 2 years.