Uzbekistan to expand network of local duty-free shops

Uzbekistan Materials 22 October 2021 15:08 (UTC +04:00)
Uzbekistan to expand network of local duty-free shops

BAKU, Azerbaijan, Oct.22

By Farida Nuri - Trend:

More duty-free shops will open in Uzbekistan, Trend reports on Oct.22 referring to nun.uz.

At the plenary session of the Legislative Chamber of the Oliy Majlis (Parliament), the MPs approved the bill "On amendments and additions to the Customs Code of the Republic of Uzbekistan".

The bill considers the possibility of opening duty-free shops both in airports and outside of them in such historical cities of the country as Samarkand, Bukhara, Khorezm, and Kokand.

Besides, as reported, the duty-free trade will affect the timing of customs clearance, and instead of three days, it will take only one day.

The document also stipulates the abolition of the previous procedure for issuing permits for the placement of goods and vehicles for duty-free trade and establishes a new legal basis for defining yield rates for processing.

Amendments were made to the list of goods that are exempt from taxation when imported into the territory of Uzbekistan.

Along with the above, new articles were added to the Customs Code, including those that consider a new system of pre-trial resolution of disputes between customs authorities and businessmen.