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Azerbaijan records notable growth in turnover through new generation cash registers

Finance Materials 21 September 2022 16:25
Baku, Azerbaijan Trend News Agency
Azerbaijan records notable growth in turnover through new generation cash registers

The turnover through new generation cash registers in Azerbaijan, has significantly increased from January through August 2022, Trend reports via the Azerbaijani State Tax Service under the Ministry of Economy.

According to the service, this figure amounted to 15.3 billion manat ($9 billion), up by 57.8 percent on annual basis.

A total of 74,242 new generation cash registers have been installed in trade and service facilities of Azerbaijan to date, the service said.

The installation of these devices has been carried out stage by stage from the second quarter of 2019.

The State Tax Service plans to complete the fourth stage of installation of new generation cash registers in trade and service facilities by December 31, 2022.

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