The Cabinet of Ministers of Azerbaijan approved Resolution No. 383, which exempts the import of certain fixed assets under leasing contracts from value-added tax (VAT) on 3 September 2024.
The resolution provides a list of 136 categories of fixed assets that qualify for this exemption. The list includes a wide range of equipment and machinery across various sectors:
- Boilers
- Food processing and production equipment
- Construction machinery and vehicles
- Forestry and agricultural machinery and equipment
- Paper and cardboard manufacturing equipment
- CNC and non-CNC manufacturing equipment and machinery
- Industrial robots