Review. Update of the List of Imported Goods for Which VAT Is Paid by the Offset Method
The Ministry of National Economy published Order No. 31 dated March 31, 2022, which amends the list of imported goods for which value added tax is paid using the offset method.
The order is effective retrospectively and applies to legal relations arising from January 1, 2022.
According to the changes made, the following items are excluded from the list of imported goods:
- pesticides;
- breeding animals of all kinds;
- equipment for artificial insemination;
- live cattle.
Individual items of goods have also been adjusted at the level of codes of the commodity nomenclature of foreign economic activity in order to bring the list of goods in accordance with the provisions of the Tax Code, leaving only those goods and equipment whose production is completely absent in Kazakhstan.
ABOUTGRATA International
GRATA International is Kazakhstan's largest independent law firm providing a wide range of legal services, which has been on the market for over 25 years and is one of the leading law firms in Central Asia and the Caspian region.
Throughout its activities, the Firm has been successfully engaged in tax practice, in connection with which, in 2005, the Department of Tax and Customs Law was specially formed within the structure of the Firm. Unlike many consulting companies, the GRATA tax and customs team mostly consists of lawyers and auditors who have experience working in tax and customs authorities. This allows us to provide our clients with not only correct, but also practically applicable advice.
Our services
- Representation and protection of interests during a tax dispute;
- Consulting on customs regulation of the Republic of Kazakhstan and the EAEU;
- Consulting on the classification of goods;
- Appealing decisions and actions of customs authorities to higher authorities;
- Appealing decisions and actions of customs authorities in the courts of the Republic of Kazakhstan;
- Customs audit of foreign economic and customs operations of participants in foreign economic activity;
- Support of customs inspections.
For more information, you can view our website www.gratanet.com or contact:
Asel Ilyasova, Partner, Head of the Tax and Customs Law Department:
+7 (727) 2445-777
+7 (701) 763-07-14
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This review is for informational purposes only and does not constitute legal advice.GRATA Internationalis not responsible for the consequences arising from the use of information published in this review without his consent.