Virtual cash desks to be introduced in Uzbekistan in trade and service sectors
Tashkent, Uzbekistan (UzDaily.com) -- The Presidential Decree “On measures to introduce modern information technologies in the settlement system in the field of trade and the provision of services, as well as strengthen public control in this area” was adopted.
In accordance with the Decree, along with online cash registers, virtual cash registers will be introduced with the function of transmitting data on settlements with the population through retail outlets (service delivery points) to the state tax service online.
In accordance with the procedure established by the Decree:
- upon the transition of business entities to the use of online cash register or virtual cash desk:
in relation to them, the obligations to use cash registers with fiscal memory are canceled;
they have the right, irrespective of the volume of average daily cash proceeds, to deposit it at the cash departments of banks through the collection services during the periods specified by them or independently;
they are given the right to reduce the amount of accrued and payable income tax or single tax or fixed tax by the amount of expenses associated with the acquisition, installation, launch of each online cash registers, but not more than 10 times the basic calculated amount;
they are given free of charge the basic part of the software product (base) of the virtual cash register by the State Tax Committee;
- funds in the form of bonuses (money, points, etc.) transferred on the basis of a public offer on bank plastic cards or on discount (discount) cards of individuals (cashback) are not considered as a tax base for personal income;
- upon exemption from personal income tax on income derived from the sale of home-grown, the procedure for requesting a document confirming the sale of products grown on a private land plot allocated to an individual or members of his family is canceled.
Also, the Decree establishes that business entities that switched to using online cash register or a virtual cash desk in the purchase receipt provided (hereinafter referred to as the check) must necessarily reflect the name, quantity, price and amount (value) of goods (works, services), and payers value added tax - the rate and amount of value added tax, as well as a QR code and a fiscal mark. Checks that do not contain this information are considered invalid.