List of stores joining Baku Shopping Festival revealed
By Amina Nazarli
Are you thinking over attending the exciting Baku Shopping Festival starting in Azerbaijan’s capital on April 10? Then you came to the right place.
The Festival, lasting until May 10 offers a wide range of shopping options that are available across the city right from massive malls to specially designed shops. Besides discounted shopping, there are other activities for travelers like music concerts, fashion shows, children’s events and lots more to double the fun.
Here you can get acquainted with a list of stores participating in the Baku shopping festival. List of stores participating in the Baku shopping festival.
This is not the final list, and it continues to replenish.
Since today, entertainment events have started in Baku, dedicated to coincide with the holding of a shopping festival in the capital of Azerbaijan.
A show program dedicated to the opening of the shopping festival will be held in several shopping and entertainment centers in Baku (28 Mall, Ganjlik Mall, Park Bulvar and Port Baku) and Icheri Sheher at 17:00 [local time].
The Heydar Aliyev Palace will premiere the national ballet "Koroglu" at 19:00. In general, as part of the shopping festival guests and residents of the capital will enjoy many different performances, concerts and entertainment events.
Calendar of events to be held within the framework of the Baku Shopping Festival.
Tax-free system will be applied during the Baku Shopping Festival. Alongside foreigners, Azerbaijani citizens will also have a chance to benefit Tax-free system, which will be the first such practice.
Buyers can obtain a refund of the VAT paid on the goods purchased during the day, when the purchase was made. VAT refund can be obtained either in cash or in non-cash by transfer to a card or bank account.
Facilities that have joined the VAT refund system will have special stickers entitled “Baku Shopping Festival - Tax Free.” VAT will be refunded only to those buyers, who purchased the goods at the facilities with such a sticker.
During the festival, a buyer [Azerbaijani citizens or foreigners] can have the VAT refunded at the banks in case the amount of the purchased goods exceeds 100 manats ($58) [including VAT].
VAT can be refunded in the 15 branches of five banks - Kapital Bank, PASHA Bank, Yapi Kredi Bank Azerbaijan, Bank Silk Way and Azerbaijan Industry Bank.
Besides, the Taxes Ministry of Azerbaijan has set up special VAT kiosks [for registration of Tax Free documents] during the Festival.
The Tax Free system does not apply to excisable goods and foodstuffs; medications and medical equipment; products, exempt from VAT in the country; goods which may require an export license; raw or ungraded precious gemstones; precious metal ingots; goods exported from the territory of Azerbaijan in an unaccompanied baggage; vehicles and spare parts.
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Amina Nazarli is AzerNews’ staff journalist, follow her on
Twitter: @amina_nazarli
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