Azerbaijan Announces New Customs Duties for Import of Wheat, Rice and Corn

The customs duties for import of wheat, rice and corn will be changed from January 1, 2018, said 'Commodity Nomenclature of Foreign Economic Activity, Rates of Import and Export Customs Duties' approved by the Cabinet of Ministers.

Current customs duty for import of unpeeled rice for sowing makes up 5% of custom value in January, February, March and April, 15% in other months. From January 1, 2018, no customs duty will be applied on these products in the first four months. In other months, the customs duty will make up 5%. Customs duty for import of unpeeled rice for consumption will be 15% of customs...