Irrespective of these requirements, legislation provides that the company should finish the processing and re-export of goods within a maximum of two years. The customs regime governing goods processed under customs control is similar to the aforementioned processing regime, except that there is a provision under this regime that no import duties or taxes should be collected upon the import of foreign goods intended for processing under customs control. Presently, it remains unclear how the customs authorities will actually implement this regime. 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.