The share of excise tax has been set for 1,000 cigars, cheroots and cigarillos (thin cigarettes) at a rate of ten AZN, but for cigarettes and their substitutes - four AZN per 1,000, according to the amendments.
Moreover, the share of excise tax in the cost of alcoholic beverages has been increased.
Thus, the share of excise tax in the cost of drinking alcohol, vodka, liquor, fortified drinks is two AZN, brandy and cognac products - six AZN, champagne - 2.5 AZN, beer and other beverages - 0.2 AZN.
Earlier, the share of excise tax in the cost of alcoholic beverages was as follows: drinking alcohol - 0.8 AZN, vodka, liquor, fortified beverages - 0.5 AZN, brandy and cognac - 0.2 AZN, champagne - 0.2 AZN, beer and other beverages - 0.08 AZN, wine and beverages - 0.1 AZN.
Azerbaijan has increased the excise rates on imported cars, yachts for leisure and sports and other vessels, imported for this purpose, according to the draft amendments and additions to the Tax Code, discussed at a meeting of the parliamentary committee on economic policy Dec. 29.
According to the amendments, the share of excise tax in the cost of passenger cars with an engine capacity of up to 2,000 cubic centimeters has been set at 0.2 AZN per each cubic centimeter, up to 3,000 cubic centimeters - at 400 AZN (plus one AZN for each cubic centimeter with an engine capacity of 2,001- 3,000 cubic centimeters), up to 4,000 cubic centimeters – 1,900 AZN (plus four AZN per each cubic centimeter with an engine capacity of up to 3,001-4,000 cubic centimeters), up to 5,000 cubic centimeters – 5,900 AZN (plus eight AZN per cubic centimeter with an engine capacity of 4,000-5,000 cubic centimeters), 5,000 cubic centimeters - 13,900 AZN (plus ten AZN per each cubic centimeter with an engine capacity exceeding 4,000 cubic centimeters).
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