- Implementation of the “VAT refund” project is successfully continuing
- A total of 145.803 million manats of VAT paid for medical services and goods purchased from retail and public catering establishments between January and October 2024 has been refunded to consumers
- Cashless payments have significantly increased in the retail, catering, and medical services sectors as a result of the implementation of the project
- Consumers have also received refunds for VAT paid on residential and non-residential areas acquired in cashless transactions from individuals engaged in construction activities across the country
- The total volume of refunded VAT for residential and non-residential areas paid in cashless transactions between January and October 2024 exceeded 19.251.6 million manats
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.
