Expansion of Imported Goods Subject to VAT Offset Payment Method Effective October 8, 2024

• Changes and additions have been made to the list of imported goods subject to VAT payment by offset method
• The order comes into effect on October 18, 2024
• The order aims to introduce new energy facilities, modernize existing power stations, create equal conditions for domestic tower crane manufacturers, increase VAT revenue from imported goods
• The changes and additions to the list aim to increase VAT revenue from imported goods

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.

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