- 14.8 million manat of VAT paid for non-cash residential and non-residential areas has been refunded to citizens.
- The project to refund part of the VAT to individual consumers continues successfully.
- In the first 6 months of the year, 2665 applications were received, with 1768 resulting in refunds and 868 rejected.
- Reasons for rejection include not applying within 90 days of the last payment, missing e-invoice details, lack of notarized power of attorney if payment was made by others, and not separating VAT and main amounts during payment.
- Citizens should ensure full payment of property value to the seller’s bank account and VAT to the seller’s VAT deposit account.
- DVX advises construction companies to provide necessary information forms as per legislation.
- VAT refund also applies to properties purchased through state mortgage loans.
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.
