ANNOUNCEMENT 20 Jan 2016

In January 2016, the government of Kazakhstan announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Minister of the National Economy of the Republic of Kazakhstan, Order No. 18 dated 20 January 2016, О внесении изменения в приказ Министра национальной экономики Республики Казахстан от 27 мая 2015 года № 405 "Об утверждении Перечня товаров, в отношении которых применяются вывозные таможенные пошлины, размер ставок и срок их действия" (On amendments to the order of the Minister of National Economy of the Republic of Kazakhstan dated May 27, 2015 No. 405 “On approval of the List of goods with respect to which export customs duties, the size of rates and their validity period”), http://adilet.zan.kz/rus/docs/V1600012895

Inception date: 01 Jan 2016 | Removal date: open ended

Export tax

On 20 January 2016 the Minister of the National Economy of the Republic of Kazakhstan issued Order No. 18. It was registered in the Ministry of Justice of the Republic of Kazakhstan on 21 January 2016 under No. 12895. It introduces changes to Order No. 405 of 27 May 2015 of the Minister of the National Economy of the Republic of Kazakhstan.
Concretely, it:

  • decreases the export duties with regard to crude oil (code 2709 00 900 9) exported (1) outside of Kazakhstan to third countries and (2) exported to countries participating in Free Trade Zone Agreements from 60 USD to 40 USD per 1 ton.
  • amended the application of the seasonal customs duties with regard to the same commodity from "constant" to "until 31 December 2016", which is a liberalising measure.

These amendments affect business transactions that took effect as of 1 January 2016.

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AFFECTED PRODUCTS