Almost $9M in VAT refunded to consumers in Azerbaijan

A total of 65.2 million manats ($8.94 million) of VAT were returned to consumers (individuals) in Azerbaijan in January-June, 2019, as part of a project to refund a part of the VAT, Report informs, citing the country’s State Tax Service under the Ministry of Economy.

For non-cash payments for purchased goods and services rendered, 17.5% of the VAT is returned to consumers, and in the case of cash payment, consumers receive only 5% of the tax back.