- Uzbekistan offers a 50% VAT refund to livestock and poultry farms from April 2025 to January 2028
- The initiative is under Cabinet Resolution No. 362 to boost domestic production of meat, milk, and eggs
- Refunds are scheduled by the 25th of each month
- Production targets for 2025 include 3.19 million tonnes of livestock meat, 1 million tonnes of poultry meat, 13.12 million tonnes of milk, and 10.5 billion eggs
- Poultry exports are expected to generate USD 180 million, with USD 95 million from poultry meat and USD 69 million from eggs
- Eligibility requires farms to own or lease land, pay all VAT, derive 90% of income from relevant sales, and issue valid invoices with correct codes
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Uzbekistan"
- Uzbekistan’s Tax Committee Returns 42.7 Billion Soums in VAT to Tourism and Agriculture Sectors
- President Announces Zero VAT on Agricultural Products to Boost Sector
- Uzbekistan to Refund 50% VAT to Livestock and Poultry Farms Starting April 2025
- Simplified VAT Calculation Introduced for Agriculture to Triple Trade Turnover by 2027
- Uzbekistan Introduces Zero VAT Rate for Agricultural Products from 2026, Excluding Cotton and Wheat