Govn’t introduces changes to legislation to easy payments in cash
Tashkent, Uzbekistan (UzDaily.com) -- In accordance with the amendments to the legislation of Uzbekistan, it is now allowed to make payments for the sale of own-produced goods by legal entities to other legal entities and individual entrepreneurs. Before calculations were allowed to be made only in the non-cash order.
At the same time, it is necessary to make cash payments under a single contract in the amount of up to 100 times the minimum wage (20 million 273 thousand soums) using cash registers.
Also, the wholesale distribution of goods can now be carried out on the basis of agreements concluded with the settlement of accounts in cash or in a cashless order within the framework of the above amount, including through plastic cards. Previously, wholesale trade was carried out only in non-cash order.
According to the current legislation, it was possible to carry out the retail sale of goods in a non-cash order, but non-cash revenue should not exceed 10 percent of the total monthly turnover of the enterprise.
In line with the changes in the implementation of the retail sale of goods in a cashless order, this restriction is canceled.