In the approved budget, the SCC transfers had been forecasted to make AZN 1,590 bln.
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Customs Committee to increase budget transfers by 14%
17 February 2016
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AZN 1,810,000,000 or 10.7% of the revised state budget for 2016 will come from Customs Committee, up AZN 220 mln or 13.8% from the approved budget, AzVision.az reports citing to draft amendments to the law on "State Budget of Azerbaijan for 2016".
Compared to the approved forecast, the transfers on value added tax will increase by AZN 180 mln or 16.1%, on customs duties – AZN 40 mln or 11.5%. The increase is due to cancellation of preferences on VAT to import of a group of goods and new exchange rate of manat.
In the approved budget, the SCC transfers had been forecasted to make AZN 1,590 bln.
In the approved budget, the SCC transfers had been forecasted to make AZN 1,590 bln.
