Article 47. Value Added Tax

The bodies and participants of the Center shall be recognised as taxpayers of value added tax, and shall be issued a certificate of registration for special accounting with the tax authorities as a payer of value added tax.

The turnover from the sale of goods (services) the place of sale of which is the territory of the Center and the territory of the Republic of Uzbekistan, the turnover from the sale of goods (services) outside the Republic of Uzbekistan, as well as goods imported into the territory of the Republic of Uzbekistan, shall be objects of taxation in respect of value added tax.

With respect to the objects of taxation in respect of value added tax referred to in part two of this Article, the tax rate shall be established in the following amounts:

on the turnover from the sale of goods (services) within the territory of the Center and outside the Republic of Uzbekistan — a rate of zero per cent;

on the turnover from the sale of goods (services) the place of sale of which is the Republic of Uzbekistan, and on the importation of goods into the territory of the Republic of Uzbekistan — the rate established in accordance with a resolution of the Center.