Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan has introduced amendments to its legislation concerning jewelry.

Key changes effective from 1 November  2024:

Import Control:

- Prohibition on Sales without Customs Payment: From this date, it will be prohibited to display or sell foreign-made jewelry in retail without proof of customs payment.

- Exception for Previously Imported Items: This rule does not apply to jewelry that was accounted for before September 1, 2024, in accordance with accounting regulations.

Export Regulation:

- Licensing of Scrap and Waste: Scrap and waste of precious metals, as well as metals plated with precious metals, are now listed as specific items requiring a license for export.

- Prohibition on Exporting Semi-finished Products without Hallmarking Office Approval: Export of semi-finished jewelry items outside Uzbekistan’s customs territory will be prohibited without a certificate from the Hallmarking Office.

Simplified Export for Individuals:

- Duty-free Export up to a Certain Weight: Individuals are permitted to export finished silver jewelry up to 200 grams and gold or other precious metal items up to 65 grams outside Uzbekistan without completing a passenger customs declaration.

- Export of Items Exceeding Specified Weight: Jewelry exceeding these weights will require completion of a passenger customs declaration.

Reduction of Import Duties:

- Reduction from 20% to 10%: Until 1 January 2027, import duties on finished jewelry imported into Uzbekistan will be reduced from 20% to 10%.

These amendments aim to strengthen control over jewelry imports and exports and encourage domestic production.