Over 652 thousand manats of VAT amount returned to consumers in Nakhchivan

• The State Tax Service of the Nakhchivan Autonomous Republic continues its work on the implementation of new generation control-cash machines (NKA).
• As of November 1, 2023, 2,212 new generation NKAs have been installed in the autonomous republic.
• From January to October, the total turnover recorded through these NKAs exceeded 175.7 million manats.
• Through the “VAT refund” project, consumers have been refunded over 652.2 thousand manats, with 98.9 thousand manats refunded in October alone.
• The amount refunded to consumers in October is 4.7 times higher compared to January.

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.

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