Certain types of food are exempt from value added tax
21/10/2021 16:05
Certain types of food are exempt from value added tax
21/10/2021 16:05
Tashkent, Uzbekistan (UzDaily.com) -- At a plenary meeting of the Senate, the Law "On Amendments to the Tax Code of the Republic of Uzbekistan, aimed at guaranteed provision of the population with basic types of food products" was considered.
The law introduces amendments to the Tax Code in order to increase the income of the population by ensuring the stability of demand and prices for meat products and potatoes, which is the main consumer product, in the republic.
In particular, Article 483 of the Tax Code introduces an additional norm on exemption from 10 October 2021 to 31 December 2021 from value added tax imported into the territory of the Republic of Uzbekistan, as well as from the turnover for the sale of meat (beef, lamb, chicken), animals (livestock and poultry) in live form and products of their slaughter, potatoes and frozen fish.
The adoption of the law will contribute to the guaranteed provision of the population with basic types of food, stabilization of prices and an increase in the income of the population.
The law was approved by the senators.
$ 1 | 12667.00 | +0.022% |
1 | 13481.49 | -2.022% |
₽ 1 | 135.77 | -0.506% |