"Could not import package" error when importing a bacpac file from Azure Sql database

 When importing a bacpac file from Azure SQL server instance to your local SQL Server database instance, you might come across this error

One of the causes are that the database compatibility may be mismatched between the two databases. For an example when you "extract a Data tire application" from a SQL instance in Azure, it may be not compatible with SQL Server 2012 instance. Make sure that source and destination databases compatibility levels are compatible.

Visit this link for a set of SQL Server database compatibility levels.