Excise rates for vodka, liqueur, and cognac increased in Azerbaijan

Excise rates of drinking alcohol, vodka, liqueur, and cognac have been increased, according to the amendment proposed to Tax Code discussed at the third reading at the meeting of the Milli Majlis held today, APA reports.

According to the draft, excise rate applied to per liter of drinking alcohol (including non-denatured ethyl alcohol containing less than 80% alcohol, non-denatured ethyl alcohol containing less than 80% alcohol), vodka, dark drinks, and dark beverage materials, liqueur and liqueur products, cognac and cognac materials has been increased from AZN 3.2 to AZN 4.

The draft law has been put in a vote and adopted in the third reading.

Source: Azeri-Press News Agency