Azerbaijani Economy 11 january — 11:32

Excise tax on energy drinks import introduced in Azerbaijan

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In Azerbaijan, by the decision of the Cabinet of Ministers, customs duties and excise tax on the import of energy drinks were introduced, the press-service of the Cabinet of Ministers informs.

Thus, the rate of customs duty on the import of one litre of non-alcoholic energy drink will be $0.3, for non-alcoholic energy drinks made on the basis of fruit or vegetable juices, the rate will be 15 per cent of the value of the goods (provided that the rate is not less than $0.7 per litre).

At the same time, the decision on the rates for the latter category of energy drinks will be valid until December 15, 2019.

As for energy drinks with alcohol content, the customs rate for them will be two dollars per litre.

Also, by the decision of the Cabinet of Ministers, the excise tax on energy drinks imports is introduced. For non-alcoholic energy drinks, the excise tax will be three manats per litre, and for alcoholic ones - two manats per litre.

The decision of the Cabinet of Ministers comes into force 30 days after publication.

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