- 461.2 million manats of VAT were returned to consumers in Azerbaijan
- The refund was for VAT paid by natural persons for goods and services from retail trade, public catering, and medical activities
- 70.3 percent of the refunded funds were non-cash, while 29.7 percent were for goods purchased in cash
- About 2.4 million users were registered on the “edvgerial.az” portal for VAT refunds
- The State Tax Service installed 93,000 new generation cash registers in the country
- The use of these devices improved transparency, prevented illegal circulation of goods, and ensured circulation control
- The turnover recorded through the new generation cash registers exceeded 14.3 billion manats in January-August 2023, a 16 percent increase compared to the same period last year.
Source: taxes.gov.az
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
