PROCEDURE FOR CALCULATING AND TRANSFERRING EXCISE TAX TO THE STATE BUDGET IN UZBEKISTAN

Excise tax is an important component of the tax system that performs both fiscal and regulatory functions in the economy. In the Republic of Uzbekistan, excise taxation is regulated by the Tax Code and plays a significant role in ensuring stable state budget revenues. This article analyzes the procedure for calculating excise tax and transferring it to the state budget based on the current tax legislation of Uzbekistan as of 2026. The study examines the legal framework of excise taxation, the determination of the tax base, the application of tax rates, and the reporting and payment procedures for taxpayers. Particular attention is given to recent tax policy reforms and their impact on the effectiveness of excise tax administration.