The Azerbaijani Cabinet of Ministers decided to abolish import duties for several types of fuel at once: TS-1 fuel for jet engines, KO-20 lighting kerosene, KT-2 technical kerosene, ONA reports.
Erlier the duty rate for these types of fuel was 15%.
The decision comes into force from May 15 and will be valid until January 1, 2020.
By another Cabinet decision, the excise tax on these types of fuel will be AZN 1 per ton. This decision will also come into force from May 15, 2019, and will be valid until January 1, 2020.