- The “VAT refund” project has been successfully implemented
- VAT amount of 59.2 million manat paid for services provided by individuals engaged in retail trade, public catering, healthcare institutions, and private medical practice during January-April 2024 has been refunded to consumers
- Implementation of the “VAT refund” project has significantly increased the share of cashless payments in retail trade, public catering, and medical services sectors
- In addition, the volume of VAT refunded within the framework of the “VAT refund” project for residential and non-residential areas paid in a non-cash manner by individuals engaged in construction activities in the country amounted to 6.5 million manat in January-April.
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.
