RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN, MINISTRY OF ECONOMICS OF THE REPUBLIC OF UZBEKISTAN,
STATE TAX COMMITTEE OF THE REPUBLIC OF UZBEKISTAN

of November 27, 2017 No. 165, No. 151, No. 2017-68

About approval of the Regulations on accounting treatment for the income and commodity transactions by the individual entrepreneurs performing trading activity

According to the Tax code of the Republic of Uzbekistan and the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of November 26, 2002 "About measures for streamlining of registration and implementation of trading activity by legal entities and physical persons" the Ministry of Finance, the Ministry of Economics and the State Tax Committee of the Republic of Uzbekistan decide No. 407:

1. Approve Regulations on accounting treatment for the income and commodity transactions by the individual entrepreneurs performing trading activity according to appendix No. 1.

2. Recognize invalid some departmental regulatory legal acts according to appendix 2.

3. This resolution becomes effective from the date of its official publication.

Appendix 1

to the Resolution of the Ministry of Finance, Ministry of Economics and State Tax Committee of the Republic of Uzbekistan of November 27, 2017 No. No. 165, 151 and 2017-68

Regulations on accounting treatment for the income and commodity transactions by the individual entrepreneurs performing trading activity

This Provision according to the Tax code of the Republic of Uzbekistan and the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of November 26, 2002 No. 407 "About measures for streamlining of registration and implementation of trading activity by legal entities and physical persons" determines accounting treatment for the income and commodity transactions by the individual entrepreneurs without formation of legal entity performing retail trading activity (further - individual entrepreneurs).

Chapter 1. General provisions

1. Retail trade by individual entrepreneurs is performed according to this Provision, and also other regulatory legal acts of the Republic of Uzbekistan.

2. The individual entrepreneur performing retail trade by import goods shall be registered in accordance with the established procedure as the individual entrepreneur delivering the goods intended for business activity.

Chapter 2. Registers of accounting of the income and commodity transactions for individual entrepreneurs

3. The individual entrepreneurs performing retail trading activity shall record the income and the performed commodity transactions in registers of accounting of the income and commodity transactions.

4. Registers of accounting of the income and commodity transactions are:

The book of accounting of the income and commodity transactions of the individual entrepreneur who is engaged in retail trading activity (further - the Book of accounting);

Book of sales receipts.

Forms of the Book of accounting and the Book of sales receipts are approved by appendix No. 15 of the resolution of the Ministry of Finance and State Tax Committee of the Republic of Uzbekistan of March 4, 2013 No. No. 23, 2013-8 "About approval of forms of tax statements" (reg. No. 2439 of March 22, 2013).

5. Registers of accounting of the income and commodity transactions are registered bodies of the State Tax Service for place of registration of the individual entrepreneur (further - tax authority). At the same time the individual entrepreneur shall submit in tax authority the application in form according to appendix to this Provision.

Registers of accounting of the income and commodity transactions are enclosed to the application.

6. The tax authority gives motivated refusal in registration or provides to the individual entrepreneur under list in case of presentation of the identity document to them:

within three working days from the date of receipt of documents - the Book of accounting;

within one day from the date of receipt of documents - the Book of sales receipts.

7. New registers of accounting of the income and commodity transactions are registered only after sight the individual entrepreneur of earlier registered register. The tax authority does the corresponding mark in the magazine of registration of registers, crosses out empty columns, lines and sheets of the former register and registers new.

8. The book of accounting and the Book of sales receipts are certified by seal tax authority.

9. All indicators in registers of accounting of the income and commodity transactions are filled with ball pen (blue, violet or black color) without corrections and reducings. The records containing the wrong data are considered as spoiled and are subject to deletion that is certified by the signature of the individual entrepreneur.

10. Registers of accounting of the income and commodity transactions are stored at the individual entrepreneur within five years from the date of introduction of the last record and shall be numbered, strung together and under seal tax authority.

Chapter 3. Accounting of the income and commodity transactions by individual entrepreneurs

11. Individual entrepreneurs who owing to specifics of the activities can perfrom cash calculations with the population without application of cash registers also shall keep the Book of sales receipts.

12. Records in the Book of accounting are kept on the basis of documents which are stored together with the Book of accounting for confirmation of correctness of the made records.

13. The documents confirming source of purchase of goods in case of sales of goods, acquired at legal entities - producers or at the legal entities who are engaged in wholesale trade are:

agreement;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info