- Process of returning a portion of VAT paid for housing and non-residential areas purchased in non-cash form continues
- Project for returning a portion of VAT paid for housing and non-residential areas purchased in non-cash form is successfully ongoing
- Citizens have submitted a total of 14,927 applications through the Internet Tax Administration portal by April 1, 2024, with 7,793 applications approved for payment totaling 30.4 million manats
- 1,191 “Information forms on the provision of residential and non-residential areas” have been submitted by individuals engaged in building construction activities, with 761 forms approved
- Money refunded since September 2023 is transferred to the individual’s virtual “Taxrefund” account in their bank to increase citizen satisfaction
- Some issues causing delays during the investigation of citizen applications include not applying within 90 days of the last payment date, not providing e-invoice information in the payment designation, payments being made by other individuals, and VAT and principal amounts not being paid separately
- State Tax Service recommends that individuals engaged in building construction be provided with the relevant information forms in accordance with legislation.
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.
