Azerbaijan announces new customs duties for import of wheat, rice and corn

Azerbaijan announces new customs duties for import of wheat, rice and corn
# 23 November 2017 12:13 (UTC +04:00)

The customs duties for import of wheat, rice and corn will be changed from January 1, 2018, said “Commodity Nomenclature of Foreign Economic Activity, Rates of Import and Export Customs Duties” approved by the Cabinet of Ministers.

Current customs duty for import of unpeeled rice for sowing makes up 5% of custom value in January, February, March and April, 15% in other months. From January 1, 2018, no customs duty will be applied on these products in the first four months. In other months, the customs duty will make up 5%. Customs duty for import of unpeeled rice for consumption will be 15% of customs value.

Customs duties for import of rye for sowing and consumption make up 5%, import of barley for sowing – 0.50%, barley for consumption – 5%, corn for sowing and consumption – 0.50%. From January 1, 2018, no customs duty will be applied on import of rye and barley for sowing, barley for sowing and consumption. Customs duty for import of rye and barley for consumption will remain at 5%.

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THE OPERATION IS BEING PERFORMED