Law of the Azerbaijan Republic
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.
Article 2. Object of taxation
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.
Article 3. Tax privileges
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.
Article 4. List of strategic products liable to taxation and
tax rates
List of strategic products shall be determined by
respective executive power authority.
Rate of export tax is 70%.
Article 5. Procedure of tax estimation and payment
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
Article 6. Responsibility of taxpayers and control over them
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.
Article 7. Instruction on use of the present Law
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
List of commodities subject to export
tax
in the Azerbaijan Republic
No |
Name of commodity |
1. |
Oil and oil products |
2. |
High pressure polyethylene |
3. |
Sulphanol |
4. |
Caustic soda |
5. |
Primary aluminium |
6. |
Rolled aluminium |
7. |
Aluminium scrap |
8. |
Steel pipes |
9. |
Iron ore concentrate |
10. |
Brass articles |
11. |
Cotton fibre |
12. |
Sturgeon caviar |
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