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Economy 13/10/2022 Additional conveniences are created in industrial production in Uzbekistan
Additional conveniences are created in industrial production in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- The President of Uzbekistan signed a resolution on measures to create additional amenities for the uninterrupted supply of industrial production with raw materials.

According to the resolution, until 1 January 2025, a zero rate of import customs duty will be applied to certain types of raw materials and semi-finished products.

Also, within the framework of the customs regime "processing in the customs territory" for all participants in foreign economic activity, the requirement to secure the payment of customs payments is cancelled.

From 1 January 2023:

if in the contract for the purchase (sale) of equipment the cost of services for their installation and launch and adjustment, training of personnel and other services is not specified separately, it is calculated based on the market value of these services;

the current procedure for calculating the taxable income of a non-resident for the provision of these services equal to 20 percent of the value of the contract is cancelled.

 

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