- The State Tax Service of the Ministry of Economy of the Nakhchivan Autonomous Republic continues to implement new generation control-cash register devices (NKA).
- As of April 1, 2024, there were 3,222 new generation NKAs installed in the autonomous republic.
- From January to March, transactions recorded through these NKAs amounted to 91.4 million manat, which is 3.3 times higher than the same period in 2023.
- As part of the “VAT refund” project, consumers were refunded 1.2 million manat in VAT on April 1 this year.
- The amount refunded to consumers in the first quarter of this year increased by 3 times compared to the same period last year, reaching 319.2 million manat.
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.
Latest Posts in "Azerbaijan"
- VAT Refunds in Nakhchivan Exceed 3.4 Million Manats, Boosting Consumer Benefits
- Meeting Held with VAT Payers in Nakhchivan to Discuss Tax Inspections and Compliance
- Informative Video on VAT Refund for Cultural Services by State Tax Service Released
- VAT Refunds in Nakhchivan Reach 3.3 Million Manats, Increasing Transparency and Control
- Consumers Continue to Benefit from VAT Refund Project in Azerbaijan, Over 108 Million Manat Returned
