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Over one million manats of VAT refunded in Nakhchivan through new control-cash machines

  • State Tax Service of the Ministry of Economy of the Nakhchivan Autonomous Republic continues to implement new generation control-cash machines (NKA)
  • By March 1 of this year, 3,136 new generation NKAs have been installed in the autonomous republic
  • The amount of turnover recorded through these NKAs in the first 2 months of this year exceeded 58.7 million manats
  • This is 3.8 times more compared to the same period in 2023
  • As part of the “Return VAT” project, consumers were refunded 1,070,000 manats in March and 81,900 manats in February
  • The amount refunded to consumers in February increased by 2.4 times 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.

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