The list of commodity producers for simplified refund of value added tax has been approved

In order to support exporting enterprises, amendments have been included in the Tax Code since January 1, 2023, providing for a simplified procedure for refunding excess value-added tax for manufacturers of goods of their own production in the manufacturing industry with permanent and non-permanent exports.

The list of commodity producers is approved by the Ministry of Trade and Integration of the Republic of Kazakhstan in coordination with the State Taxes Committee of the Ministry of Finance of the Republic of Kazakhstan. Based on the proposals of the National Chamber of Entrepreneurs, together with the State Revenue Committee, 439 exporting companies of the manufacturing sector were selected, which conduct transparent activities and regularly pay taxes.  These enterprises can count on a simplified refund of value-added tax.

The order on updating the List of manufacturers of own-made goods was approved by the Deputy Prime Minister – Minister of Trade and Integration of the Republic of Kazakhstan on February 10, 2023.