The Resolution of the President of the Republic of Uzbekistan dated 30.12.2011 No. PP-1675 introduces from January 1, 2012 an excise tax for jewelry made of gold sold through a retail network. The tax will amount at 10 USD for each 1 g. of the jewelry. Retail enterprises will be entitled to deduct the excise tax paid by them when possessing confirming documents.  
Jewelry produced in the Republic of Uzbekistan is also subject to excise tax. The rate of the excise tax remains unchanged and amounts at 25% of the value of sold goods without VAT and excise tax.
Imported golden jewelry shall be charged with the excise tax in the amount equivalent to 10 USD for each gram of the jewelry.
The rate of excise tax imposed on imported jewelry (or parts thereof) made of other precious metals or incrusted by precious metals shall amount at 90% of the customs value.