The State Revenue Department of Zhambyl region informs that the following amendments and additions have been made to the tax legislation in terms of Value Added Tax:
Extension of the validity period of the VAT offset method
Amendments to Articles 427 and 428 of the Tax Code, as well as to subparagraph 4) of Article 2 of the Law of the Republic of Kazakhstan "On the Enactment of the Code of the Republic of Kazakhstan "On Taxes and Other Mandatory Payments to the Budget" (Tax Code) (effective from December 1, 2021)
The amendments provide for the exclusion from the list of goods imported into the territory of the Republic of Kazakhstan, for which VAT is paid by the offset method, pesticides, breeding animals of all kinds and equipment for artificial insemination, live cattle, as well as the extension of VAT payment on imported goods by the offset method for means of production that are not available on the territory of the Republic of Kazakhstan until January 1, 2025.