• April 24, 2024

Azerbaijan Sets Excise Tax Rate for Vaping Products

 Azerbaijan Sets Excise Tax Rate for Vaping Products

Credit: ArtEvent ET

Credit: ArtEvent ET

Azerbaijan has determined its excise rate for vaping and other e-cigarette products, according to media reports.

The Cabinet of Ministers has made relevant changes to the “Excise duties for imported excise goods into the Republic of Azerbaijan,” according to Today.az.

An excise tax rate of 14 manat ($8.20) has been set for 1,000 units of the product.

The corresponding decision will enter into force 30 days after its publication.