Production of some agricultural equipment planned to be exempt from VAT in Azerbaijan

rrigation equipment is planned to be exempt from taxes in Azerbaijan, Trend reports.

This issue has been recently discussed at the extraordinary plenary session of the Azerbaijani parliament.

The import and sale of irrigation equipment, machinery and agricultural equipment has been exempt from VAT.

According to the proposed addition to the Tax Code, along with the abovementioned agricultural equipment, the production, import and sale of spare parts for agricultural equipment, the list of which has been approved by the structure chosen by the corresponding executive body, is also planned to be exempt from VAT.