Uzbekistan improves VAT refund system
Tashkent, Oct. 6 -- Uzbekistan has improved applications for value-added tax (VAT) reimbursement through the State Tax Committee's information system and the VAT payment process.
Previously, the State Tax Committee used to return the excess amount of VAT to the taxpayer's bank account by submitting conclusion and accompanying documents to the Treasury by courier service units and entering them into the program by Treasury employees through human intervention. The VAT refund process required a certain amount of time and human intervention.
From now on, payment orders generated on the basis of VAT refund applications submitted through the new taxpayer's personal account will be sent electronically to the information system of the Ministry...
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