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Azerbaijan exempts swap oil and gas supplies from VAT
Energy
- 01 January, 2024
- 11:29
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The imports of crude oil and natural gas under the swap agreement are exempted from VAT for 3 years, Report informs, citing the amendments in the Tax Code.
Currently, Azerbaijan imports gas from Turkmenistan and Iran under the swap agreements.
The VAT rate in Azerbaijan is 18%.
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