The Department of State Revenue for the city of Kostanay informs, Taxpayers whose minimum turnover is 20,000 times the monthly calculation index (MCI) established by the law on the Republican budget and effective on January 1 of the relevant financial year are subject to mandatory registration for value-added tax with the exception of government agencies structural divisions of resident legal entities; taxpayers who apply a special tax regime for peasant or farm enterprises for activities that are subject to such a special tax regime The minimum turnover does not include the turnover of an individual entrepreneur applying a special tax regime based on a simplified declaration within 124,184 MCI made in a non-cash form with the mandatory use of a three-component integrated system Also, the turnover minimum does not include the turnover of a taxpayer applying a special retail tax regime Taxpayers become payers of value-added tax from the date of filing a tax application for registration for value-added tax If the amount of turnover for the purposes of registration for value added tax exceeds the minimum turnover during a calendar year such taxpayers are required to submit a tax application for registration for value added tax to the tax authority at their location The tax application is submitted no later than ten working days from the end of the month in which the excess of turnover over the minimum turnover occurred in one of the following ways: 1) on paper in person; 2) in electronic form Filing a tax application in electronic form does not apply to taxpayers who have a high level of risk under the risk management system When registering for VAT, a taxpayer has obligations to submit TNF 300.00 "Value Added Tax Declaration" which must be submitted quarterly by the 15th day of the second month of the reporting period (the reporting period is a quarter)
Department of State Revenue for the city of Kostanay