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.
Azerbaijan exempted the import and sale of wheat, production, and sale of wheat flour and bread from taxes for another three years—until January 1, 2027, Report informs, citing the amendments to the Tax Code.