State Customs Committee reveals structure of 2023 budget transfers

State Customs Committee reveals structure of 2023 budget transfers

In 2023, the budget transfers from the State Customs Committee (SCC) amounted to 6,337,539,000 manats ($3.72 billion), 12.1% more than in 2022, Report informs, citing the State Customs Committee.

Over the past year, transfers from customs duties increased by 14.6% to 1,627,079,000 manats ($956.08 million), from VAT increased by 11% to 4,443,321,000 manats ($2.61 billion), from excise duties increased by 32.8% to 224.313 million manats ($131.78 million), and road tax revenues decreased by 31.3% to 42.826 million manats ($25.16 million).

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