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Finance 21/04/2020 From the budget - to taxpayers
From the budget - to taxpayers

Tashkent, Uzbekistan (UzDaily.com) -- Amid stringent restrictive measures and an extended quarantine period, support for domestic enterprises continues in Uzbekistan, the press service of the State Tax Committee says.

Taxpayer accounts replenish funds from the state budget - so the State Tax Committee carries out the return of value added tax.

This procedure is aimed at enterprises that apply zero tax rates on the export of goods.

You can apply for a VAT refund remotely. Applications in electronic form are sent directly to the State Tax Committee through the personal account of the taxpayer.

Incoming requests are considered by the extended working group of the STC for three days. If discrepancies are revealed in the tax reports, the applicants are given clarifications on their correction with the possibility of re-filing.

From March 15 to April 20, in 188 cases of applying for a VAT refund as a result of applying the zero tax rate on the export of goods from the STC, conclusions were sent to the Treasury of the Ministry of Finance.

These are conclusions for exporters from the Republic of Karakalpakstan, Bukhara, Ferghana, Surkhandarya, Andijan, Syrdarya, Jizzakh, Tashkent regions and the city of Tashkent. The total amount of VAT refunds reached 358.3 billion soums.

The business entities that received these funds continue their activities, purchase raw materials, and also pay wages to employees across the country. Among them are JV LLC Quva tekstil (6.0 billion soums), JV Andijon kabel JSC (6.6 billion soums), Kanteks invest LLC (1.4 billion soums), Osborn textile LLC "(1.6 billion soums), IE Jizzakh textile LLC (2.4 billion soums), JV Mili Guliston Textile LLC (751 million soums), Metal Processing Technology LLC (2.5 billion . soums) and others. Refund amounts are shown in parentheses.

The list of exporters who received a VAT refund is updated daily.

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