RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of March 19, 1999 No. 125

About additional measures for streamlining of wholesale and retail trade by consumer goods

For the purpose of streamlining of accounting of goods turnover and ensuring receipt of cash money supply in organizations of banks, the Cabinet of Ministers decides reducings issue and strengthening of fight against extra bank turnover of cash money supply, and also control of unreasonable growth of retail prices on consumer goods:

1. Specify to Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas, cities and areas, the State final committee of the Republic of Uzbekistan, commercial banks absence from their party of due control in case of registration and opening of accounts of trade enterprises and organizations therefore the trade and intermediary structures which are artificially inflating retail prices are created.

2. Determine that:

calculations for self-produced sales of goods by legal entities to other legal entities and individual entrepreneurs can be made in cash form or via bank transfer, and also by means of corporate cards according to the legislation. At the same time it is allowed to make calculation cash within one agreement in the amount up to the 100-fold size of basic settlement size established in the republic with use of cash registers;

cash revenue is subject collection (delivery in banks) in accordance with the established procedure;

legal entities - producers of consumer goods can enable retail sale of goods of own production through the corporate shops, including the productions organized on site, or the stationary outlets belonging to them or leased by them in accordance with the established procedure is exclusive with use of cash registers of the established samples, settlement terminals on payment acceptance according to plastic cards.

3. To complex of the consumer market of the Cabinet of Ministers together with the State Tax Committee. Committee on the antimonopoly policy under the Ministry of Finance, the Ministry of Justice of the Republic of Uzbekistan in two weeks to develop and submit in the Cabinet of Ministers for approval:

procedure and standard rates of sales of goods on small wholesale;

procedure for wholesale and small wholesale sales of goods in the wholesale markets the legal entities and physical persons which are engaged in individual trading activity, having provided in it features of registration of the physical persons which are individually engaged in small wholesale sales of goods, their taxation, accounting and delivery of revenue received from wholesale and small wholesale transactions.

4. To Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent to take measures in a month:

to separation of the retail and wholesale trade markets of both the food, and nonfood directions;

together with the State Tax Committee of the Republic of Uzbekistan to creation of conditions of accounting of goods turnover of the physical persons and legal entities which are engaged in wholesale and small wholesale sales of goods in the ware wholesale markets, meaning universal installation and use of cash registers;

together with authorized commercial banks to organize Items on acceptance of the cash cash revenue received by legal entities and physical persons from wholesale and small wholesale sales of goods on wholesale sonnies.

5. Confer the personal responsibility for observance of the measures specified in this resolution on the first heads of the State Tax Committee and territorial tax authorities.

6. To impose control over the implementation of this resolution on the deputy prime minister Usmanov M. Z., Chairman of the board of Ministers of the Republic of Karakalpakstan, hokim of areas and Tashkent.

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