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Regarding card-to-card transfer - CONTROL STRENGTHENED
Regarding card-to-card transfer - CONTROL STRENGTHENED
Despite repeated warnings by the State Tax Service under the Ministry of Economy, it is observed that in some cases, non-cash payments in retail trade and catering facilities are made through card-to-card transfer operations, not POS terminals.
Is it necessary to install a POS-terminal in a retail trade facility?
Referring to the State Tax Service, AZE Finance informs that the acceptance of non-cash funds should be done only through the POS-terminal, and at this time citizens should be presented with the receipt of the POS-terminal as well as the check of the cash register. According to the Law "On Protection of Consumers' Rights", installation of POS-terminals, and according to the Law "On Electronic Commerce" to ensure the ability of consumers to make electronic payments belong to the direct duties of taxpayers. At the same time, it is the right of the tax authority to conduct operational tax control measures related to the control of these cases and determination of cases of refusal to accept non-cash payments in facilities where the installation of POS-terminals is mandatory.
Tax control measures have been strengthened in this direction, as cases against the mentioned law still continue despite repeated warnings and information activities. The State Tax Service once again brings to the attention of business entities that for non-installation of POS-terminals in facilities where installation of POS-terminals is mandatory and refusal to accept non-cash payments in facilities where POS-terminals are installed, 1,000 manats for the first occurrence of such cases during the calendar year, and 1,000 manat for the second occurrence. Financial sanctions in the amount of 3000 manats, and 6000 manats in case of three or more violations are applied.
In this regard, entrepreneurs are advised to accept non-cash payments only through the POS-terminal, in accordance with the requirements of the legislation, in order not to be subject to the financial sanctions provided for in the Tax Code. At the same time, the State Tax Service urges citizens to make non-cash payments when purchasing goods, works and services, not by card-to-card transfer operations, but only by requesting a POS-terminal.
Despite repeated warnings by the State Tax Service under the Ministry of Economy, it is observed that in some cases, non-cash payments in retail trade and catering facilities are made through card-to-card transfer operations, not POS terminals.
Is it necessary to install a POS-terminal in a retail trade facility?
Referring to the State Tax Service, AZE Finance informs that the acceptance of non-cash funds should be done only through the POS-terminal, and at this time citizens should be presented with the receipt of the POS-terminal as well as the check of the cash register. According to the Law "On Protection of Consumers' Rights", installation of POS-terminals, and according to the Law "On Electronic Commerce" to ensure the ability of consumers to make electronic payments belong to the direct duties of taxpayers. At the same time, it is the right of the tax authority to conduct operational tax control measures related to the control of these cases and determination of cases of refusal to accept non-cash payments in facilities where the installation of POS-terminals is mandatory.
Tax control measures have been strengthened in this direction, as cases against the mentioned law still continue despite repeated warnings and information activities. The State Tax Service once again brings to the attention of business entities that for non-installation of POS-terminals in facilities where installation of POS-terminals is mandatory and refusal to accept non-cash payments in facilities where POS-terminals are installed, 1,000 manats for the first occurrence of such cases during the calendar year, and 1,000 manat for the second occurrence. Financial sanctions in the amount of 3000 manats, and 6000 manats in case of three or more violations are applied.
In this regard, entrepreneurs are advised to accept non-cash payments only through the POS-terminal, in accordance with the requirements of the legislation, in order not to be subject to the financial sanctions provided for in the Tax Code. At the same time, the State Tax Service urges citizens to make non-cash payments when purchasing goods, works and services, not by card-to-card transfer operations, but only by requesting a POS-terminal.