About export tax

Article 1. Taxpayers

Irrespective of the organisation-legal form and form of property legal entities of the Azerbaijan Republic when exporting strategic products from the Azerbaijan Republic shall pay export tax.

Difference between the contractual price of strategic product produced in the Azerbaijan Republic (less export expenditures) and wholesale price established by the enterprise within the Republic is the object of taxation.

Legal entities exporting strategic products obtained as a result of processing raw materials of foreign origin and also legal entities established with participation of foreign capital are exempted from export tax as regards strategic products of their own production.

List of strategic products shall be determined by respective executive power authority.

Rate of export tax is 70%.

Tax on strategic products is paid within 10 days after arrival of money received as a result of sale to the exporter’s account.

The exporters selling strategic products outside the Azerbaijan Republic shall not pay value added tax, excise tax, customs duty and deductions to the State Road Fund for these products.

Procedure of tax estimation is specified in the respective Instruction

Taxpayers and their officials are responsible for accurate estimation of tax and timely payments to the budget.

Control over accuracy of tax estimation and timely payments is carried out by tax authorities according to legislation of the Azerbaijan Republic.

The Instruction on use of the present Law is being prepared by Main State Tax Inspection of the Azerbaijan Republic on agreement with the Ministry of Finances of the Azerbaijan Republic.

President of the Azerbaijan Republic

Heydar ALIYEV.

Baku, March 28, 1995.

No 1002.

With amendments № 216-IGD, 24 December, 1996.

Became invalid in connection with the Law No 322-IGD, dated 13 June, 1997.

Supplement No 1
to the Law of the Azerbaijan Republic
About Export Tax