The Department of state revenues of Kostanay city will notify taxpayers with the payment of Value Added Tax of the offsetting method regarding the application of the norms of articles 427 and 428 of the Code of the Republic of Kazakhstan "on taxes and other mandatory payments to the budget" for imported goods in 2025. In accordance with paragraph 4) of Article 2 of the law of the Republic of Kazakhstan dated December 25, 2017 "on the introduction of the code of the Republic of Kazakhstan" on taxes and other mandatory payments to the budget "(tax code) " (hereinafter referred to as the law), the norms of articles 427 and 428 of the tax code are provided to be in force until January 1, 2025. In addition, taking into account the fact that this norm is aimed at supporting and developing production in the Republic of Kazakhstan, the deputies of the Mazhilis of the Parliament of the Republic of Kazakhstan initiated the extension of the validity period of the norms of articles 427 and 428 of the tax code from January 1 to December 31, 2025. The Government of the Republic of Kazakhstan supported the initiative of the deputies. Taking into account the above, paragraph 2 of the minutes of the meeting of the state commission on the modernization of the economy of the Republic of Kazakhstan (hereinafter referred to as the protocol) dated January 30, 2025 instructed the Ministry of national economy of the Republic of Kazakhstan (hereinafter referred to as the MNE of the Republic of Kazakhstan) together with the ministries of finance, industry and construction of the Republic of Kazakhstan (hereinafter referred to as the Ministry of Finance of the Republic of Kazakhstan) to make amendments to the current tax code on the modernization of the economy of the Republic of Kazakhstan. Application of the offsetting method when paying VAT on imports with a period of entry into force from January 1, 2025. Currently, the draft law in terms of retrospective adoption of the norms of articles 427 and 428 of the tax code of the Ministry of national economy of the Republic of Kazakhstan from January 1 to December 31, 2025 has been submitted for consideration to the Mazhilis of the Parliament of the Republic of Kazakhstan. Paragraph 3 of the protocol of the Ministry of Finance of the Republic of Kazakhstan and the Ministry of national economy of the Republic of Kazakhstan was instructed to be guided by the norms of the legislation in force on December 31, 2024, prior to the adoption of amendments to the current tax code. It should be noted that this norm applies to imported goods that do not have production or do not cover the needs in the Republic of Kazakhstan. The list of goods was approved by the order of the Acting Minister of national economy of the Republic of Kazakhstan dated February 21, 2018 No. 67 "on approval of the list of imported goods for which Value Added Tax is paid by offsetting method and the rules for its formation".
Department of state revenue for Kostanay