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Import and sale of books and all textbooks are exempt from VAT

Today, on the initiative of the Committee on Economic Policy, Industry and Entrepreneurship, a public discussion was held on amendments to the Tax Code on VAT exemption for import and sale of books and paper products, APA reports.

Deputies of the Milli Majlis, representatives of Azerbaijani publishing houses, book sales networks and media outlets are taking part in the discussions.

According to the current Tax Code, at present, editorial, publishing and printing activities related to the production of textbooks (excluding workbooks) and children’s literature for general education institutions, as well as vocational education institutions are exempt from VAT.

Source: Azeri-Press News Agency