VATupdate

Share this post on

Over 752 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).
  • By December 1, 2023, 2,554 new generation NKAs have been installed in the autonomous republic.
  • From January to November, the total turnover recorded through these NKAs was 205.5 million manat.
  • Through the “VAT refund” project, consumers have been refunded more than 752.2 thousand manat, with 100.1 thousand manat refunded in November alone.
  • The amount refunded to consumers in November is 4.8 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.

Sponsors:

VAT news

Advertisements:

  • VATupdate.com