Amendment being made to Tax Code for efficient exploitation of gold reserves in Kalbajar

Amendment being made to Tax Code for efficient exploitation of gold reserves in Kalbajar
  • Clock-gray 17:04
  • calendar-gray 01 February 2021

An amendment is being made to Tax Code for efficient exploitation of gold reserves in Kalbajar, APA reports. 

According to the proposed new paragraph, import of machine-tools, equipment and devices for the purpose of production and processing of jewelry made of gold and silver on the basis of the approval document of the body (institution) determined by the relevant executive authority is exempt from tax for a period of 3 years starting from January 1, 2021.

Firuza Vahid

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