RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of November 13, 2002 No. 390

About measures for stimulation of market saturation consumer goods and to enhancement of relations of producers and the trading organizations

For the purpose of stimulation of increase in production and expansion of the range of high-quality competitive consumer goods, the most complete saturation of the domestic consumer market by them, and also enhancement of the mechanism of relations between the manufacturing companies and the trading organizations of the republic, the Cabinet of Ministers decides:

1. Determine that from January 1, 2003 to December 31, 2007:

the companies making consumer goods pay tax on the income (profit) according to income gained from production of consumer goods at the rate lowered by 20 percent against operating;

the companies making goods of children's assortment pay tax on the income (profit) according to income gained from production of goods of children's assortment at the rate of 7 percent. In case of determination of the goods relating to children's assortment to be guided by the order of the Cabinet of Ministers of July 14, 1999 N 327-f and the Explanation to the nomenclature of industrial output approved by State department of statistics of July 17, 1997 N 8-1/3-8;

microfirms and small enterprises pay single tax payment from revenue received from production of consumer goods at the rate lowered by 25 percent against operating;

income (profit) of production enterprises gained at the expense of surplus of physical production volumes of consumer goods is exempted from the tax discharge on the income (profit) and single tax payment;

the companies making nonfood consumer goods (except for tobacco and jewelry, soap economic and toilet, and also gasoline), are exempted from payment in the budget of the excise tax on condition of the target direction of the released funds for increase in production, expansion of the range and increase in competitiveness of the issued consumer goods;

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