- From January 1, 2026, Uzbekistan will implement a zero VAT rate for the sale of agricultural products, excluding cotton and grain. This is part of a presidential decree aimed at simplifying VAT calculations in agriculture. The list of eligible products will be approved by the Ministry of Agriculture and the Tax Committee. VAT paid on goods and services for producing these products can be refunded. Refunds for agricultural producers, excluding cotton and grain, will be automated within three days. An automated system will analyze electronic invoices in real-time, ensuring high-risk invoices do not exceed 10% of total invoices, and VAT is accounted for only after full payment to the budget.
Source: facebook.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.
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