Azerbaijan revises gasoline import tax

The Cabinet of Ministers of Azerbaijan made amendments to the excise duty rates of gasoline imported into the country.

The decision was published on the web site of the Cabinet of Ministers on February 26. 

According to the decision, the rate of excise duty on motor gasoline with not more than a 95 octane rating (containing lead both below and above 0,013 grams per liter) is set at the level of $1 per ton of fuel. The rate on this type of fuel is valid from Feb. 7 to June 1 this year. 

Excise duty on imports of gasoline with octane rating higher than 95, but not more than 98 (containing lead both below and above 0,013 grams per litre) is set at $ 100 per ton. Rate of excise duty on imports of motor gasoline with a 98 octane rating or higher (regardless of lead containing) will be $ 150 per ton. The rate on this type of fuel is valid from Feb.1. 

These changes do not apply to imports of jet fuel. 

In accordance with another decision of the Cabinet of Ministers the above-mentioned import of fuels was exempted from customs duties. 

ANN.Az