BAKU, Azerbaijan, Nov 3
By Natavan Rzayeva - Trend:
The privileges on cement imports in Uzbekistan will be extended for 2022, Trend reports via the press services of the president of Uzbekistan.
The tax rate on the profit of cement producers will be reduced from 20 percent to 15 percent starting from 2022. It will lead to a noticeable decrease in the cost of housing in the country.
According to the presidential decree in order to reduce prices for housing, from April 1 through October 1, 2021 there was a zero rate of customs duty on the import of cement products into Uzbekistan. Prior to that, the rate of customs duty was 30 percent.