Uzbekistan Plans To Ban Payment For Some Services And Goods In Cash
Date
2/26/2024 8:08:16 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 27. Uzbekistan plans
to reduce the use of cash and introduce non-cash payments for
budget organizations providing services to the population,
developers when selling housing to individuals and others. It is
planned to transfer the wholesale trade of wood, tires and sugar to
a non-cash form, Trend reports.
To improve tax administration, it is planned to develop a draft
presidential decree on additional measures to expand the use of
electronic payment system services.
From 1 April, it is proposed to introduce non-cash payments
through mandatory connection to the electronic payment systems of
the following organizations:
budgetary organizations providing services to the
population;
legal entities selling oil and gas products;
legal entities engaged in providing property for rent;
construction organizations that sell housing to individuals.
Payments for apartments are planned to be made in non-cash form
with an electronic invoice.
In addition, it is planned to approve new rules for retail and
wholesale trade in Uzbekistan.
From 1 April, it is proposed to introduce a procedure for
registering the receipt of goods purchased for cash in the E-Ombor
(E-Aktiv) system of the Tax Committee.
It is also planned to set a limit of 100 million soums (300
sizes of basic estimated value) for making payments in cash.
It is planned to transfer wholesale trade for wood, used for
construction, metal (sheet iron, fittings, aluminum profiles), car
tires and sugar to a non-cash form.
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