Conduct of modern science– 2016 • Díl 1

Science without borders - 2020 ★ Volume 14
The results of the analysis show that the share of indirect taxes in the revenues 
of the state budget of the Republic has been in negative indicators for many years. In 
particular, in 2016, 51.5 percent were 54.6 percent in 2017, 48.8 percent in 2018, 52.1 
percent in 2019 and 43.23 percent in the budget forecast for 2020 for citizens. It is 
known from load indicators that the weight of indirect taxes in state budget revenues 
is higher than that of indirect taxes. This indicator, as we have already mentioned 
above, indicates a high indirect tax burden on the presence or absence of any benefits 
from direct tax collections. Until now, the system used by manufacturing companies 
that provide services in certain areas in relation to taxpayers who are part of the public 
taxpayers, needed preferences provided by the state to adapt to a competitive market 
environment, and this situation has had a great impact on attracting foreign investors.
When we approach the excise tax, which consists of indirect taxes, from an 
economic point of view, we see that it is very close to the value added tax. Its similarity 
or proximity is characterized by financial relations based on objective mandatory 
payments that arise between the state and legal entities. The interdependence and social 
significance of these two types of taxes is increasingly evident in the mobilization of 
funds, which are part of the national income, at the disposal of the state. Excise tax 
payers are legal entities, as well as individuals, regardless of their form of ownership, 
who import excisable goods. In this case, unless otherwise provided by law, any 
interested person is entitled to pay customs duties to the payer. In Uzbekistan, the 
excise tax was introduced in 1992. The difference between value added tax and value 
added tax is that it does not apply to certain goods and products that restrict and perform 
work or services rendered.
Conclusion
In conclusion, saying that tax reforms serve to develop the well-being of the 
people and the activity of entrepreneurs, we also believe that it is necessary to follow 
this path correctly and work if we understand the essence of these opportunities. 
Because tax is always a factor that makes a big contribution to the development of the 
state.
One of the main directions of improving the tax system is to further reduce the 
tax burden by optimizing direct and indirect taxation.
Reference
1. 
Tax Code of the Republic O f Uzbekistan. New edition. Approved in 2019.
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