Successful Implementation of VAT Refund Project Results in Return of 43.8 Million Manats

• 43.8 million manats have been returned within the framework of the “VAT refund” project
• The project is successfully implemented in the country
• VAT paid by individuals in the retail trade, public catering, and medical activities from January to March 2024 has been refunded
• Over 2.7 million users have registered on the edvgerial.az portal for the refund of VAT
• A total of 559.5 million manats of VAT has been refunded to registered consumers on the portal
• Cashless payments have significantly increased in the retail trade, public catering, and medical services sectors as a result of the implementation of the “VAT refund” project

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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