On taxes and other obligatory payments to the budget (Tax Code)

Article 384. Adjustment of the amount of taxable turnover from doubtful claims

1. If the entire amount of a claim of sold goods, works, services or part thereof is a doubtful claim, a VAT payer has the right to reduce the amount of taxable turnover from such a claim:

1) after three years from the beginning of the taxable period, which includes:

the maturity date for the fulfillment of the claim of sold goods, works, services if such a date is fixed;

the day of transfer of goods, performance of works, rendering of services, the maturity date for which is not fixed;

2) in the taxable period in which registering authority decided to withdraw a debtor declared bankrupt from the National Register of Business Identification Numbers.

The amount of taxable turnover is adjusted in accordance with this paragraph provided that the conditions specified in Article 248 of this Code are observed.

2. The amount of taxable turnover from a doubtful claim is decreased to the extent of the amount of earlier reported taxable turnover from the sale of goods, performance of works, rendering of services using the VAT rate effective as of the date of the sale.

3. In case of receipt of payment for goods, works, services after the VAT payer’s use of the right granted to him/her/it in accordance with paragraph 1 of this article, the amount of taxable turnover shall be increased by the value of the said payment in the taxable period, in which it was received, using the VAT rate effective as of the date of the turnover.

Footnote. Article 384 as amended by the Law of the Republic of Kazakhstan dated 02.04.2019 No. 241-VI (shall be enforced from 01.07.2019)



Article 385. The value of taxable import

The amount of taxable imports includes the customs value of imported goods, determined in accordance with the customs legislation of the Eurasian Economic Union and (or) the customs legislation of the Republic of Kazakhstan, taking into account the legislation of the Republic of Kazakhstan on transfer pricing, as well as the amount of taxes and customs payments, special, anti-dumping and countervailing duties payable to the budget when importing goods into the Republic of Kazakhstan, with the exception of value added tax on imports.

Footnote. Article 385 as amended by the Law of the Republic of Kazakhstan dated 10.12.2020 No. 382-VI (shall be enforced from 01.01.2021).

Chapter 44. ZERO-RATED TAXABLE TURNOVERS