BAKU, Azerbaijan, December 30. Azerbaijan will
exempt the import and sale of buses powered by electric engines
from value-added tax (VAT) for one year starting next year,
Trend
reports.
The exemption applies to buses imported by industrial park
residents for industrial production or assembly without seats,
handrails, or monitors, as well as to the sale of those buses once
seats, handrails, and monitors are installed. The measure was
included in a draft law on amendments to the Tax Code, discussed
today by the Economic Policy, Industry, and Entrepreneurship
Committee of the parliament.
Under current legislation, only electric engine cars are exempt
from VAT. The exemption for buses will not be extended beyond next
year.
The decision will come into force on January 1, 2026.
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