During January-August 2025, a total of 202 million 30.6 thousand manats was refunded from the state budget to individuals and legal entities.
The Ministry of Finance released information on this.
It was noted that 6 million 944.9 thousand manats of the refunded funds pertains to the refund of VAT paid by foreigners for goods purchased within the country that are not for production or commercial purposes. This amount also includes VAT refunded for medical services provided by medical institutions and individuals engaged in private medical practice.
Details
As for individual consumers, 124 million 683.2 thousand manats of VAT paid for services provided by hotels located in the liberated territories, and for goods and services purchased from individuals engaged in retail trade, public catering, and medical activities, including private medical practice, was refunded.
Additionally, 18 million 817.8 thousand manats of VAT paid for residential and non-residential areas purchased non-cash from individuals engaged in building construction activities was refunded to individual consumers.
During the reporting period, the amount of funds refunded from the state budget for overpaid taxes, state fees, interest, and financial sanctions amounted to 51 million 584.7 thousand manats.