Press release to the draft order of the Deputy Prime Minister - Minister of Finance of the Republic of Kazakhstan «On Amendments to the Order of the Minister of Finance of the Republic of Kazakhstan dated November 17, 2021 No. 1188 «On approval of the Rules and deadlines for the pilot project on simplified refund of excess value added tax to grain market participants»»
The development of the regulatory legal act (hereinafter referred to as the NPA) was carried out in accordance with paragraph 1-1 of Article 68 of the Code of the Republic of Kazakhstan «On Taxes and Other Mandatory Payments to the Budget» (Tax Code) and in order to bring it into line with the Law of the Republic of Kazakhstan dated April 19, 2023 No. 223-VII «On Amendments and Additions to some legislative acts of the Republic of Kazakhstan on administrative reform in the Republic of Kazakhstan».
By the Law of the Republic of Kazakhstan dated April 19, 2023 No. 223-VII "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on administrative reform in the Republic of Kazakhstan" the competence of the Government of the Republic of Kazakhstan provided for in subparagraph 4-1) of Article 5 of the Law of the Republic of Kazakhstan dated January 19, 2001 "On Grain", in terms of determining the registrar excluded.
At the same time, subparagraph 4) paragraph 2 of Article 1 of the Rules and the deadline for the implementation of the pilot project for the simplified refund of excess value added tax to grain market participants provides that the registration information system on the web portal Qoldau.kz (hereinafter – IS «Qoldau») is the information system of the registrar defined by the Decree of the Government of the Republic of Kazakhstan dated August 5, 2016 No. 452 "On the registrar's definition".
Taking into account the above, the draft order replaces the competence of the Government of the Republic of Kazakhstan with the competence of the authorized state body.
The implementation of the NPA will not require the allocation of funds from the republican budget and does not affect the interests of private business entities, nor will it entail negative socio-economic and/or legal consequences.