One of the activities of the state revenue authorities in East Kazakhstan region is to monitor timely and complete fulfillment of tax obligations for te calculation and payment of amounts of special payments and taxes of subsurface users.

         Thus, in accordance with paragraph 3 of Article 720 of the Tax Code, special payments and taxes of subsurface users include:

1) Subscription bonus;

2) payment for reimbursement of historical expenses;

3) alternative tax on subsurface use;

4) royalties;

5) the share of the Republic of Kazakhstan in the production division;

6) mining tax;

7) excess profit tax.

         At the same time, the mineral extraction tax (hereinafter – the MET) is the main tax received by the Republican budget from the subsoil users of East Kazakhstan region.

         Administration of mineral resources users according to the mineral extraction tax is carried out by cameral control of tax reporting forms 590.00 "Mineral extraction tax declaration".        

          Cameral inspection of the MET Declaration is carried out in the following areas:

-on the correctness of applying the weighted average selling price of minerals in calculating the tax on mining;

- on the completeness of the reflection of mining volume in the "Mineral extraction tax Declaration" by comparing it with information from authorized bodies;

- regarding the correct applying rates when calculating the mineral extraction tax in the Mineral Extraction Tax Declaration;

- on timeliness of the submission of the Mineral Extraction Tax Declaration, in the presence of mining volumes, revealed by the analysis of information from authorized bodies;

-  on completeness of the reflection of the mining volume in comparison with the volume of sales of minerals, by comparing the information contained in the MET Declaration and the EI.

         At the same time, the analysis covers the entire 5-year limitation period, according to Article 48 of the Tax Code.

         In this case, it should be noted that these violations lead to an additional financial burden for taxpayers including penalties, which negatively affects the financial and economic activities of business entities. In order to prevent such violations, taxpayers are advised to adhere the norms of Tax legislation on the MET calculation and payment.

Source : https://www.gov.kz/memleket/entities/kgd-vko/press/news/details/1062764?lang=kk