Azerbaijan's Parliament expands list of excisable products

By Trend

Azerbaijan's Parliament has expanded the list of products to which excise rates will be applied.

This was reflected in the amendments to the Tax Code, which were discussed at a meeting of the Parliament on Feb. 12, Trend reports.

According to the amendments, it is proposed to apply excise rates to the following products: with the exception of shisha and industrial tobacco, to all other types of tobacco, as well as ‘homogenized’ or ‘reconstituted’ tobacco - 30 manat ($17.6) per kilogram; for tobacco and tobacco products consumed as a result of heating - 12.9 manat ($7.5) per 1,000 units.

Following the discussion, the amendments were adopted on the second reading.