Uzbekistan has proposed reinstating cash sales of alcohol and tobacco products. The proposal was presented to the president during a briefing on creating favorable conditions for small business growth.
Additionally, in the catering sector, it is proposed to abolish the requirement for a share of non-cash revenue when refunding part of the VAT and simplify the registration procedure for certain workers.
These measures are expected to expand opportunities for legal growth for over 600,000 small business entities. Increasing tax base transparency is projected to generate at least 2 trillion soums in additional budget revenue annually.
The head of state approved the proposals and instructed responsible officials to take appropriate action.
Recall that since April 1 of this year, about 22,000 types of alcohol and tobacco products were included in the list of goods that can only be purchased in non-cash form.
Source: uznews.uz