Ulaanbaatar
Customs and taxation data system to be renovated
PoliticsUlaanbaatar /MONTSAME/ With an aim to promote implementation of the newly adopted law on VAT, a reserved center of customs and taxation data system will be newly equipped.
The cabinet meeting on Monday authorized B.Bolor, the Minister of Finance, to allot money from the governmental fund for renovating the data system. Servers of the National Data Center (NDC) are required to be expanded due to big loads such as a huge data from the VAT giveback measures. Those entities, which have not purchased yet a special cash machine, are still placing data of lottery bills in the NDC’s servers.
Data of the money circulation performed among companies will be saved at the VAT system.
