- Value Added Tax (VAT) is a tax on the value added to goods and services during production and distribution.
- VAT is also levied on imported goods.
- VAT is paid by businesses that are registered as VAT payers.
- Businesses are required to register for VAT if their annual turnover exceeds a certain threshold.
- Businesses can also voluntarily register for VAT.
- Importers of goods into Kazakhstan are required to register for VAT.
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.
