Ministry of Taxes: Turnover on non-oil sector grows by 8%

In the five months of 2019, the turnover on non-oil sector increased by 8%, Report informs citing Ministry of Taxes of Azerbaijan.

According to the ministry, the turnover on VAT grew by 9.6%. Moreover, the turnover in wholesale trade ascended by 18.4%, including VAT turnover went up 14.6%. Retail trade turnover climbed 37.3%, including VAT turnover rose by 38.2%. Catering turnover increased by 20.6%.

Share of turnover with e-invoice in non-oil sector rose from 59.5% to 65.7%. 81.3% of turnover with e-invoice in the non-oil sector fell to share of trade and industry.