Uzbekistan’s Ministry of Economy and Finance has drafted new measures to regulate foreign economic activity and related services. The draft regulation has been published on the portal for public discussion of draft legal acts.
The document sets out procedures for reviewing customs benefits on imported goods whose declared value has been artificially inflated. If customs authorities identify an overstatement, benefits will apply only to the confirmed value of the goods.
This is defined as the value stated in the export customs declaration, invoice or a similar document obtained from the customs service of the exporting or re-exporting country.
Customs authorities will verify the declared value of imported goods only after they have been placed under the “release for free circulation” customs procedure. Importers will not be required to prove the value of goods during customs clearance.
If customs authorities have “sufficient and documented grounds” to suspect that the declared value has been overstated, they may send an official international request to the customs authority of the exporting country. Once a response is received, the information in the relevant document will be compared with the import declaration.
If an overstatement is confirmed, customs authorities will notify the tax authorities. The latter will have three working days to provide the information needed to revoke the benefits and assess additional customs payments.
In addition, data on contracts related to the provision of services are scheduled to be integrated into the Customs Committee’s system by November 1. From the beginning of 2028, contracts with customs brokers for processing cargo declarations, as well as contracts for storing goods in customs warehouses, will be subject to registration with the Tax Committee.
The draft is currently open for public discussion. Comments can be submitted until October 27.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
