VATupdate
VATupdate VAT GST sales tax Kazakhstan

Share this post on

Digital Project on VAT Refund Procedure in Kazakhstan: Modernization and Improvement Initiative.

  • A digital project dedicated to the VAT refund procedure has been presented
  • The Ministry of Finance of the Republic of Kazakhstan has put forward a project for the approval of Rules and deadlines for the implementation of a pilot project for the modernization and improvement of the provision of the state service “VAT refund from the budget” (“Digital VAT”)
  • Discussion of the project will last until September 2, 2024
  • The goal of the project is to modernize and improve the quality of providing state services
  • The Rules and deadlines for the implementation of the pilot project for the modernization and improvement of the provision of the state service “VAT refund from the budget” (“Digital VAT”) have been developed
  • Participants of the pilot project include the Customs Control Committee, state revenue authorities, VAT payers voluntarily participating in the project, the National Bank, the National Payment Card, second-tier banks, the Treasury Committee of the Ministry of Finance, and legal entities involved in the development of accounting systems
  • Questions arising during the pilot project are addressed by the Working Group, the organization and activities of which are approved by the Customs Control Committee
  • The results of the Working Group’s meetings are documented in a protocol, which is mandatory for interested participants in the pilot project

Source: uchet.kz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner