By Trend

The VAT exemption for imports of hybrid vehicles in Azerbaijan can be prolonged for another year, Trend reports on November 4 via the country’s draft state and consolidated budget for 2023.

The document envisages a one-year extension of the exemption on the import and sale of hybrid vehicles with a production date of no more than three years and an engine capacity of no more than 2,500 cubic centimeters from VAT.