Amendments to the Rules for the refund of excess VAT have been prepared
Published the draft order of the Minister of Finance of Kazakhstan "On amending order of the Minister of Finance of the Republic of Kazakhstan dated March 19, 2018 No. 391 "On approval of the Rules for refund of excess value added tax", which will be on public discussion until February 15, 2021.
The draft provides for additional inclusion in the category of VAT payers entitled to apply the simplified procedure for the refund of excess VAT, manufacturers of goods of their own production, the list of which is approved by the authorized body in the field of regulation of trade activities in coordination with the authorized body and the authorized body in the field of tax policy.
Also includes changes to item 6 of the Rules, according to which the period of refund of excess VAT will begin after the expiration of thirty calendar days from the deadline for submission of the VAT return (current revision: after the expiration of fifteen days from the deadline for submission of the Declaration).
In addition, under the simplified VAT refund procedure, the tax period in which the reorganization was carried out will be included in the audited period.
UGD for the Koksu district