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DGK: Starting from October 1...
DGK: Starting from October 1...
Starting from October 1, Azerbaijan will implement a deposit system as a guarantee method to ensure the payment of potential customs duties arising during the transit transportation of alcoholic beverages and tobacco products, in accordance with Article 258.1.4 of the Customs Code.
"AZE Consulting" reports that the State Customs Committee has announced this information.
According to the information, the amount of the guarantee is set at a minimum equivalent of 200,000 USD for each vehicle involved in transit transportation. On the day the customs declaration is approved, a confirmation document showing that the funds have been deposited in manat at the exchange rate determined by the Central Bank of Azerbaijan must be presented to the customs authorities.
Starting from October 1, Azerbaijan will implement a deposit system as a guarantee method to ensure the payment of potential customs duties arising during the transit transportation of alcoholic beverages and tobacco products, in accordance with Article 258.1.4 of the Customs Code.
"AZE Consulting" reports that the State Customs Committee has announced this information.
According to the information, the amount of the guarantee is set at a minimum equivalent of 200,000 USD for each vehicle involved in transit transportation. On the day the customs declaration is approved, a confirmation document showing that the funds have been deposited in manat at the exchange rate determined by the Central Bank of Azerbaijan must be presented to the customs authorities.