VATupdate

Azerbaijan extends period of VAT exemption for hybrid vehicles

According to the latest amendments to Azerbaijan’s Tax Code, the period of VAT exemption for the import and sale of hybrid vehicles with a release date of no more than 3 years and an engine capacity of no more than 2500 cubic centimeters has been extended for 3 years until January 1, 2026, MP of Azerbaijan’s Milli Majlis (Parliament) Vugar Bayramov told¬†Trend.

Source: en.trend.az

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