The Cabinet of Ministers approved on March 29 a new composition of the interdepartmental expert commission for cash registers. The commission in its former composition operated since 1995.
The commission consists of 9 members, which are headed by the Minister of Taxes. It includes representatives of the Ministries of Taxes, Finance and Economics, the State Statistics Committee, the State Committee for Standardization, Metrology and Patents, as well as the Central Bank and the Central Union of Cooperatives.
The authority of the expert commission includes the organization of production, application of cash registers and the creation of a state list of cash registers used in the country.
Despite the efforts of the government and the adoption of regulations, cash payments in the sphere of trade and services are still carried out in violation of the rules for the use of cash registers, which leads to tax evasion. -------08D
Economics
-
BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
Leave a review