Machinery

Calculation method

  • Subsidy amount make up 40% of the customs value
  • At least 20% of the price determined by the Estimator is made as down payment
  • Estimator requires 20% of the equipment cost as a down payment
  • The remaining amount of the price determined by the Estimator is paid by the bank as an interest-free loan

* If the sale price exceeds the estimated value, the excess is borne by the Customer

 

Sample

  • Customs value - 20.000 AZN
  • Estimated value - 25.000 AZN

Subsidy amount

  • 40% of customs value (20,000 * 40% = 8,000 AZN)

Down payment

  • 20% of estimated cost (25,000 * 20% = 5,000 AZN)

Loan amount

  • 25,000 – 8,000 – 5,000 = 12,000 AZN