- In Nakhchivan, over 3.4 million manats of VAT have been refunded to consumers through the “Get VAT Back” mechanism, which applies to certain goods and services. This year, the refunded amount increased by 26% compared to the same period last year, exceeding 1.1 million manats. The use of new generation cash registers has improved transaction transparency and control over illegal trade, with recorded turnover exceeding 317 million manats, a 21.2% increase from the previous 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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