- Pilot Project Extension: Kazakhstan’s government has extended the Digital VAT pilot project for automated VAT refunds until December 31, 2026, following a joint order from the Ministry of Finance and the Ministry of AI and Digital Development, which updates the rules for payments and electronic invoice handling.
- Modernization of VAT Refund Processes: The pilot aims to streamline VAT refunds by utilizing the Digital Tenge system, allowing refunds to be processed within 15 working days without tax audits. Participants must use digital tenge with VAT marking for specific purposes, and payment documents must include the registration number of the relevant e-invoice.
- Operational Guidelines and Impact: Payments will be processed through second-tier banks, with strict controls on the use of VAT-marked digital tenge, which cannot be used for other purposes or withdrawn as cash. The new rules, effective from December 21, 2025, apply retroactively from October 7, 2024, to December 31, 2026, influencing the handling of electronic invoices linked to VAT payments.
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