Turnover with e-invoices observes a rise of 65%

16:40 - 8.07.2019


July 8, Fineko/abc.az. Over the first 5 months of 2019 the share of trade turnover with electronic invoices in the nonoil sector increased from 59.5% up to 65.7% compared with the same term of 2018.

The Ministry of Taxes reports that in the nonoil sector 81.3% of the growth in turnover on e-invoices accounts for the share of trade and industry.

For Jan-May 2019 the total turnover of production and wholesale trade grew by 16.3%, including the total turnover of e-invoices in the sectors by 38.3%. The turnover of e-accounts in wholesale trade increased by 43.7% and in production by 30.1%.

The growth rate of trade turnover with e-invoices made up 43.7% in both wholesale and retail trade.

The highest growth rates in e-invoice turnover are observed in agriculture (91.8%), trade (43.7%), communications (24.2%), industry (16.9%) and other spheres of activity (29.9%).

One of the positive processes from angle of transparency is a rise in the value of e-invoices in retail and public payment by 70.1% and 56.3%, respectively.

 

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