On 8 December 2023, the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan explained the procedure for returning an overpaid amount of tax, payment to the budget, and penalties, as well as the procedure for offsetting the overpaid amount of tax to pay off existing tax debt.
The overpaid amount is the positive difference between what was paid and the calculated amount. Refunds are processed within five working days if there’s no outstanding tax debt. If there’s a tax debt, the overpaid amount is automatically offset against it, with priority given to penalties for the relevant tax type. Any remaining overpaid amount is refunded after the offset. The application can be submitted electronically or on paper, following the prescribed format.
