31.03.2025

Changes Made to VAT Excess Refund Rules

On amendments and additions to the Order of the Minister of Finance of the Republic of Kazakhstan dated March 19, 2018 No. 391 "On approval of the Rules for the refund of excess value-added tax and the application of the risk management system in order to confirm the accuracy of the amount of excess value-added tax, as well as the criteria for the degree of risk (VAT Refund Rules)"

On January 28, 2025, amendments were made to the VAT Refund Rules regarding the identification of violations for denying VAT refunds to service recipients.

Changes in Favor of Taxpayers:

If suppliers at various levels of the service recipient fulfill their VAT payment obligations before the completion date of the tax audit, the tax authority has no right to deny the VAT excess refund on this basis.

Changes in Favor of Tax Authorities:

The introduction of corrections by suppliers at various levels of the service recipient through the submission of supplementary financial statements before the audit completion is grounds for refund denial
Changes by suppliers at various levels of the service recipient to the deadline for fulfilling tax payment obligations before the audit completion is grounds for VAT refund denial.