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

In January-November 2020, the State Customs Committee (SCC) transferred AZN 3,585.5 mln to the state budget, marking a decrease of 10.5% from the previous year, the Committee told Report.

In the reporting period, revenues from customs duties decreased by 8,6% to AZN 912,995 mln, from value-added tax (VAT) by - 8.2% to AZN 2,511.1 mln from VAT, by 44.5% to AZN 128,129 mln while road tax revenues fell by 19.9% to AZN 33,321 mln.