Kazakhstan Introduces Export Duties on Petroleum Products
Photo: Elements.envato.com
Kazakhstan plans to introduce export customs duties on several petroleum products, Orda.kz reports.
The Ministry of Trade and Integration presented a draft of changes, including new duty rates of up to $60 per ton.
These measures will affect products such as hydrocarbon mixtures, petroleum jelly, bitumen, cyclic hydrocarbons, lubricants, additives, solvents, and biodiesel.
The initiative is reportedly aimed at generating budget contributions.
The Ministry of Finance proposed to establish duties on approximately 320 commodity items. After analysis, the Interdepartmental Commission (IDC) supported this proposal, which approved the establishment of duty rates on the specified petroleum products.
The draft document is on" Open NPA " for public discussion. Comments and suggestions will be accepted until December 13.
Original Author: Artem Volkov
Latest news
- Kazakhstan Sees Afghanistan as Key Regional Link
- US Authorities Find Body Believed To Be Kazakhstani Citizen
- Car Loan Issuances In Kazakhstan Fall Almost 18%
- High Rates Win Over Consumption As Kazakhstanis Bring More Money To Banks
- Illegal Miners Damage Protected Forest Reserve Near Semey
- Recruitment And Diplomatic Silence: Inside A Webcam Network Allegedly Involving Kazakhstani Women In Vietnam
- Kazakhstan Not Yet Ready To Give Sign Language Official Status
- Kazakhstan Receives Cable for Caspian Internet Route
- Kazakhstan’s Ruling Party Merges Into New Pro-Presidential Party
- Truck Traffic Returns to Kazakh-Russian Border
- Kazakhstani Citizen Reported Missing in Illinois
- Kazakhstan’s Ak Zhol Party Leader Steps Down After 15 Years
- Foreigner Severely Burned After Allegedly Trying To Set Fire To Park In Kazakhstan
- Astana Makes Public Transport Easier For Tourists
- Qatari Owners Paid Hundreds Of Millions To Managers Of Bank Bought From Kazakhstan
- Court Says Almaty Unlawfully Blocked Gas-Powered Cars From Shymbulak Road
- Kazakhstan’s Fuel Sales To Be Tracked In Real Time
- Kazakhstan’s Oil-Rich West Is Struggling To Create Jobs
- Foreigners Illegally Received Kazakh ID Numbers Through Astana Officials
- Kazakh Officials Tried To Hand Protected Lakes To Private Owners