Approved by the Order of Customs committee of the Azerbaijan Republic of December 25, 1997 No. 1101

The instruction about procedure for application of the value added tax on the goods imported on the territory of the Azerbaijan Republic

1. General provisions

1.1. This Instruction is developed based on the Law of the Azerbaijan Republic "About the value added tax" (with the subsequent amendments and changes), resolutions of the Cabinet of Ministers of the Azerbaijan Republic of June 16, 1997 No. 61, and also other customs legal acts.

1.2. The goods made outside member countries of the CIS in case of their import to the territory of the Azerbaijan Republic are assessed with the value added tax at the rate of 20 percent (except as specified, provided by Items 4.1 and 4.2. this Instruction).

1.3. The goods made in member countries of the CIS (certificate of origin) in case of their import to the territory of the Azerbaijan Republic because of limits of member countries of the CIS are assessed with the value added tax.

1.4. The value added tax is paid in manats, at the foreign exchange rate established by National Bank of the Azerbaijan Republic on the date of adoption of the cargo customs declaration to customs procedures.

2. Taxpayers

2.1. The legal entities who underwent in accordance with the established procedure state registration, irrespective of pattern of ownership and subordination, and the physical persons who are engaged in business activity without formation of legal entity are taxpayers on value added when importing of goods by them.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info