TAX CODE OF THE REPUBLIC OF TAJIKISTAN

PART II. SPECIAL PART

SECTION VII. VALUE-ADDED TAX
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CHAPTER 25. GENERAL PROVISIONS

Article 200. The Concept of the Value-Added Tax

The value-added tax, referred to hereinafter as the VAT, shall be a form of transferring to the budget a portion of the value added in the process of the production and circulation of goods, work, and services on the territory of the Republic of Tajikistan, as well as a portion of the value of all taxable goods imported onto the territory of the Republic of Tajikistan. The value-added tax, which is an indirect tax, shall be payable at all stages of the production and circulation of goods and the performance of work and the provision of services. The amount of VAT payable on taxable turnover shall be defined as the difference between the amount of tax assessed on such turnover and the amount of tax to be credited in accordance with VAT tax invoices that are presented pursuant to the provisions of this section.

The amount of VAT payable on taxable imports shall be defined as the product of taxable imports and the VAT rate.

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