Sum returned by ƏDV Geri Al system may increase

11:58 - 3.08.2022


August 3, Fineko/abc.az. The State Tax Service is discussing a package of amendments to the Tax Code with the relevant state and private organizations.

ABC.AZ reports that according to the proposed change, in case of non-cash payment, the amount refunded by ƏDV Geri Al increases from 15% to 20% and in case of cash payment, the amount decreases from the current 10% to 5%.

The planned changes to be made to the Tax Code from 1 January 2023 stipulated a different approach to the refund of VAT interests on types of services.

In addition, according to the proposed amendment to the Tax Code, it also stipulates for the refund of part of the VAT paid for medical services rendered by individuals engaged in private medical practice.

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