If an importer decides to sell goods and equipment brought in under the temporary regime, the importer should notify the customs authorities and pay all import taxes prior to the sale. The applicable measure of a customs duty depends on the type of good imported. Legislation also provides for payment of a customs processing fee. Because it is simply a processing fee, it applies to both imports and exports. The fee is payable in Azerbaijani manats, so in determining the fee, the customs value of goods will be converted to manats at the exchange rate set by the Azerbaijani National Bank on the date of submission of the customs declaration.
All goods are exempt from customs duties when exported from Azerbaijan.
The requirement to obtain permission from the Ministry of Foreign Affairs before exporting certain goods such as cotton, oil and aluminum has been eliminated by presidential decree. Goods imported in connection with PSA hydrocarbon activities are exempt from such import tariffs. Although there are currently 19 signed PSA agreements in place in Azerbaijan, the general procedures for FSCs to import goods into Azerbaijan are generally the same under all PSAs and Protocols. Therefore, an FSC should be able to import goods into Azerbaijan freely, without payment of VAT or import duties. However, the customs-processing fee remains payable on any imported goods.