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).