Uzbekistan to include goods and services in Unified Electronic Catalog

Uzbekistan to include goods and services in Unified Electronic Catalog

BAKU, Azerbaijan, Sept. 19

By Klavdiya Romakayeva - Trend:

The State Tax Committee in Uzbekistan will introduce the use of uniform names of goods and services in primary documents and will create automatic linking of barcodes of goods to uniform names, Trend reports referring to Norma.uz information and legal portal.

The State Tax Committee of Uzbekistan (STC) has developed a draft presidential decree “On measures to introduce a single electronic catalog of goods sold in the territory of Uzbekistan”.

The document is aimed at systematizing the accounting of goods and services, analyzing the movement of products and supply chains, as well as introducing information technologies into the activities of business entities.

As part of the preparation of this project, the STC carried out work to unify the names of products used by business entities. It is planned to approve the regulation on the use of common names of goods and services in primary documents, to create an automatic linking of unique codes of goods (barcodes) to common names.

The appendix to the resolution contains the Unified electronic catalog of the main types of products, goods, and services produced based on the CN FEA (commodity nomenclature of foreign economic activity), including 885 items. The catalog contains serial numbers, groups of goods and services, classification codes, and units of measurement.

The catalog will be maintained by the STC, whose tasks include the formation of information included in the catalog, regular updating of the catalog, technical support for users of the catalog, as well as the placement of the catalog on the official website.

From February 1, 2021, it is planned to introduce a system for the automated display of identification codes of goods and services registered in the Unified Electronic Catalog in electronic invoices.

When preparing the draft State Budget for 2021 and subsequent years, the Ministry of Finance must ensure that the amount of funds allocated for the receipt of barcodes by business entities in the international system is excluded from the tax base.

The introduction of such a classification of goods and services, the use of an international barcode system will accelerate and facilitate doing business, open up new horizons for the development of e-commerce, and also significantly facilitate the processing of significant amounts of information by tax services and other government agencies.

--

Follow the author on Twitter: @romakayeva

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