The import of wheat into Azerbaijan has been exempted from VAT for another three years
According to Report, this is reflected in an amendment to the Tax Code.
The duration of the tax exemption has been extended until January 1, 2027.
It’s worth noting that the import and sale of wheat, and the production and sale of wheat flour and bread in Azerbaijan, have been exempt from taxation since January 1, 2017, and this period has been extended twice since then.
The VAT rate in the country is 18%.
Read also
Wheat in Southern Brazil Impacted by Dry Weather and Frosts
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Black Sea & Danube Region: Oilseed and Vegoil Markets Within Ongoing Transfor...
Serbia. The drought will cause extremely high losses for farmers this year
2023/24 Safrinha Corn in Brazil 91% Harvested
Write to us
Our manager will contact you soon