State Customs Committee to increase budget transfers by 8%

The State Customs Committee (SCC) is expected to transfer AZN 4 million to the state budget, up 8% from 2019, Report informs citing drafts of the state and consolidated budgets.

Road tax is expected to grow 40.6% to AZN 45 million, receipts from VAT by 13.2% to AZN 2,705,000,000, from customs duties by 5.6% to AZN 950,000,000, receipts from excises will decline by 21.1% to AZN 300,000,000.