Uzbekistan Cabinet Approves Procedure for Assessing Risk of Electronic Invoices

Tashkent, Uzbekistan (UzDaily.com) — The Cabinet of Ministers of the Republic of Uzbekistan has approved the Regulation on the Procedure for Determining the Risk Level of Electronic Invoices and the Payment of Value-Added Tax (VAT) on Transactions Reflected in Them.

The document establishes the procedure for assessing the risk level of electronic invoices (EIs) for goods and services along a unified supply chain, classifying them into corresponding categories, and defining the rules for calculating and paying VAT depending on the risk level.

According to the regulation, the share of electronic invoices classified as high-risk, determined using the risk assessment system in the Information System, must not exceed 10% of the total invoices issued by VAT payers during the reporting period.

The criteria for determining the risk level are set by the State Tax Committee of Uzbekistan.

For practical application, electronic invoices are classified into two categories: low-risk and high-risk. The assessment is conducted automatically within the information system by summing points for each specified criterion. Classification is based on the total score calculated across all applicable criteria.

The State Tax Committee maintains a centralized electronic registry of electronic invoices, reflecting their risk levels, which ensures transparency and control in VAT accounting and payment.