Lecture 11. EXCISE TAXES EXCISE TAXES The goods

Lecture 11. EXCISE TAXES

EXCISE TAXES The goods made in territory of Republic Kazakhstan and imported on territory of Republic Kazakhstan are assessed with excises.

EXCISE TAXES The excise - indirect taxes are levied inderctly on goods mainly mass consumption (as well as cervises), throough the price of the goods and cervises (or tariffs on cervises) and is replaced, thereby, on consumer.

1. Payers of excise taxes are individuals and legal entities who: 1) produce excisable goods on the territory of the Republic of Kazakhstan; 2) import excisable goods onto the customs territory of the Republic of Kazakhstan; 3) are engaged in wholesale or retail trade in gasoline (with the exception of aviation fuel) and diesel fuel on the territory of the Republic of Kazakhstan; Payers

4)realize confiscated, ownerless, inherited by the state and graciously handed to the state on the territory of the Republic of Kazakhstan excisable goods, 5)realize bankrupt estate of excisable goods. Payers of excise tax are also legal entities-non-residents and their structural subdivisions. 2. Payers of excise taxes are nonresident legal entities and their structural subdivisions. Payers

1) all types of spirits; 2) alcohol products; 3) beer with contents of the ethyl spirit not more than 0,5 percents 4) tobacco products; 5) gasoline (with the exception of aviation fuel), diesel fuel; Excisable goods include:

6)the motor transport facilities intended for transportation 10 and more person with volume of the engine sizes more than 3000 cubic centimeters, with the exception of microbuses, buses and trams passenger cars and others motor transport facilities intended for transportation people with volume of the engine sizes more than 3000 cubic centimeters, (except automobiles with manual control for disabled people) Excisable goods include:

the motor transport facilities on carriage of the passenger car with platform for cargo and booth of the driver, wrought from cargo compartment by hard stationary partition; 7) crude oil, gas condensate. Excisable goods include:

1. Rates of excises are established as a percentage of the value of the goods (ad valorem) and (or) in the absolute amount sum on a unit of measure (firm) in natural expression. 2. Rates of excises on alcoholic production are affirmed on the basis of their absolute (100-percent) alcohol content by volume. Excise tax rates

1. The object of taxation are: 1) the realization of excisable goods; the transfer of excisable goods for processing on the basis of an arrangement calling for raw materials to be supplied by the customer; a contribution to authorized capital; the use of excisable goods when providing payment in kind; Object of taxation

the shipment of excisable goods by a commodity producer to its structural subdivisions; the use of manufactured and/or extracted and/or bottled excisable goods by commodity producers for their own production needs; 2) the wholesale trade in gasoline (with the exception of aviation fuel) and diesel fuel; Object of taxation

2) the wholesale trade in gasoline (with the exception of aviation fuel) and diesel fuel; 3) the retail realization of gasoline (with the exception of aviation fuel) and diesel fuel; 4) the realization of confiscated and/or unclaimed excisable goods, as well as excisable goods inherited by the state and transferred to the state as a gift; Object of taxation

3) the retail realization of gasoline (with the exception of aviation fuel) and diesel fuel; 4) the realization of confiscated and/or unclaimed excisable goods, as well as excisable goods inherited by the state and transferred to the state as a gift; the use of manufactured and/or extracted and/or bottled excisable goods by commodity producers for their own production needs; Object of taxation

1) exports of excisable goods; 2) ethyl alcohol within the limits of quotas: for the production of therapeutic and pharmaceutical preparations; to government medical institutions; Are not a subject to taxation by the excise:

Calculation of the excise tax amount shall be performed by applying the established excise tax rate to the tax base. Calculation of the excise tax amount

Deadlines for payment of the excise tax Excise tax on excisable goods should be paid not later then 15th date of the month following reporting tax period (month). For excisable goods made of granted raw materials excise is paid in the moment of handing of the product to customer or the face authorized by the customer. Excise is calculated in the date of shipment for transfer of crude oil, gas condensate extracted on the territory of the Republic of Kazakhstan, for industrial processing.

Tax period The tax period for the excise tax shall be a calendar month.

Place of payment of the excise tax The excise tax shall be paid at the place of registration of the payer of the excise tax.

Tax return At the end of each tax period taxpayers should give excise declaration to tax organ by the place of their registration not later then 15th date of second month following the report tax period. Excise taxpayers together with declaration should give calculations on excise.

Taxation of imports of excisable goods When excisable goods for which fixed excise tax rates have been established are imported onto the customs territory of the Republic of Kazakhstan, the tax base shall be defined as the volume of imported excisable goods in physical terms. 2. When excisable goods for which ad valorem excise tax rates have been established are imported, the tax base shall be defined as the customs value of the imported excisable goods, determined in accordance with the customs legislation of the Republic of Kazakhstan.

Deadlines for payment of the excise tax on imported excisable goods Excise taxes on imported excisable goods shall be paid on the date determined by the customs legislation of the Republic of Kazakhstan for remitting customs payments.

Importation of excisable goods exempt from the excise tax 1. Excisable goods imported by individuals in accordance with regulations established by the Republic of Kazakhstan government are not being subject to excise taxes. 2. The imported goods listed below are exempted from the excise tax: 1) excisable goods necessary for the operation of means of transport engaged in international shipping operations during the time they are en route and at intermediate stopping points, as well as those acquired abroad to perform repairs following an accident (breakdown);

Importation of excisable goods exempt from the excise tax 2) goods imported for official use by foreign diplomatic missions and representative offices with equivalent status, and also for the personal use of diplomatic and administrative and technical personnel of these missions, including their family members who are residing with them, and which are exempt in accordance with international agreements to which the Republic of Kazakhstan is a party;

Importation of excisable goods exempt from the excise tax 3) goods transported across the customs border of the Republic of Kazakhstan which are exempt under customs regimes established by the customs legislation of the Republic of Kazakhstan, with the exception of the "Release of goods for free circulation" regime; 4) products containing alcohol intended for medicinal purposes (other than balsams), bottled in consumer containers with a consumer capacity not more than 0,1 literal. );