Azerbaijan plans VAT changes and wider excise list from next year

Orkhan Nazarli, head of the State Tax Service of Azerbaijan, said some VAT changes are planned for next year. He spoke at a meeting of the Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship, as reported by AZERTAC. To broaden the tax base, the list of excise goods is also set to expand from next year.

Nazarli said a new approach is envisaged to strengthen tax control mechanisms, which may be of interest to citizens. The draft amendments provide for improving public control mechanisms and expanding their scope.

Currently, a mechanism allows a portion of VAT paid on goods and services bought from VAT payers to be refunded. Nazarli said that from next year it is also proposed to refund consumers a certain part of the amount paid by non-cash means for goods and services bought from taxpayers not registered as VAT payers.