Import and sale of hybrid cars in Azerbaijan to be exempted from tax for another year

Azerbaijan is planning to extend the exemption from VAT on the import and sale of hybrid cars with a production history of no more than three years and an engine volume of no more than 2,500 cubic centimeters for one more year (until the end of 2025), Report informs.

This is one of the main directions of the policy on state budget revenues in 2023.

The import and sale of hybrid cars in Azerbaijan have been exempted from tax for three years (until the end of 2024) from January 1 of this year.