BAKU, Azerbaijan, October 7. Azerbaijan's state
budget refunded a total of $149.7 million to individuals and legal
entities in January–September 2026, according to the Ministry of
Finance.


The refunded funds included value-added tax (VAT) paid by
individuals on goods purchased in retail and catering, as well as
on cultural services, including theater, cinema, museums and
concerts, and medical services. They also covered VAT paid on hotel
services in the liberated territories and VAT paid by foreigners on
goods purchased in Azerbaijan for purposes other than production or
commercial activities, the ministry said.


In addition, part of the VAT paid on residential and
non-residential premises purchased on a cashless basis from
entities engaged in building construction was refunded. Other
refunds included overpaid taxes, state duties, interest and
financial penalties.


The amount refunded from the state budget reached $112.7 million
in January–July, $91.0 million in January–June, $71.9 million in
January–May, $56.8 million in January–April and $40.3 million in
January–March.


Monthly figures show that refunds from the state budget
increased steadily throughout the year. Refunds amounted to $9.3
million in January and exceeded $149.7 million by the end of
September.


According to the Ministry of Finance, the refunds covered
several categories of payments.







These included VAT paid by individuals on goods purchased in
retail and catering, as well as part of the VAT paid for cultural
and medical services.


Refunds also covered VAT paid for hotel services provided in the
liberated territories. In addition, VAT paid by foreigners on goods
purchased in Azerbaijan for purposes other than production or
commercial activities was refunded.


Part of the VAT paid on residential and non-residential premises
purchased on a cashless basis from entities engaged in building
construction was also refunded to individuals and other legal
entities.


The state budget also refunded overpaid taxes, state duties,
interest and financial penalties.


As a result, the total amount refunded from the state budget
reached $149.7 million in the first nine months of 2026.