Azerbaijan's Customs Committee posts more than 10% decline in budget transfers

Azerbaijan's Customs Committee posts a 10% decline in budget transfers.

In January-February 2020, the State Customs Committee (SCC) transferred AZN 593.404 million to the state budget, marking a decrease of 10.5% from the previous year, the Committee told Report.

In the reporting period, transfers from customs duties decreased by 6.9% to AZN 158.832 million, from value-added tax (VAT) – by 12.3% to AZN 408.553 million, from road tax revenues - by 19.1% to AZN 5.774 million, while from excises - grew by 3.8% to AZN 20.245 million.