Kazakhstan is losing millions on the gray grain market

Published 2023년 4월 3일

Tridge summary

The article highlights the significant financial impact of grain smuggling on Kazakhstan's budget, with a loss of 915 million tenge due to the abolition of customs control and the free movement of goods within the Eurasian Economic Union. Since 2019, tax evasion schemes, particularly when importing grain from Russia, have led to an estimated annual damage of $500 million. In response, the State Revenue Committee is considering measures such as a minimum price for these products and the use of navigation seals to track grain movement. Additionally, a new regulation requires the mandatory issuance of accompanying waybills for goods imported from the EAEU countries to prevent fraudulent activities.

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Original content

The Kazakh budget lost 915 million tenge due to grain smuggling. Such data was shared with LS in the State Revenue Committee. As explained in the state body, the abolition of customs control and the regime of free movement of goods within the framework of the Eurasian Economic Union increased the shadow trade turnover. Since 2019, due to monitoring at the border, various scenarios of tax evasion have been identified, including when importing grain from Russia. For example, one of the gray schemes is delivery to fictitious recipients. "In the period 2019-2022, 198.5 thousand tons of grain imported from Russia through the northern regions of Kazakhstan were not paid VAT in the amount of 915 million tenge," LS was told. At the same time, earlier the Ministry of Agriculture reported that the volume of so-called gray imports reaches 1.5-2 million tons per year. The total damage to the state is annually estimated at $500 million. The SRC also added that the issue of applying a minimum ...

Source: Zol