ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of May 14, 2020 No. 299

About approval of Rules (technique) of pricing on the goods developed from oil

According to the subitem 3) of Item 10 of article 10 of the Law of the Republic of Kazakhstan of July 5, 2008 "About transfer pricing" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules (technique) of pricing on the goods developed from oil.

2. This resolution becomes effective from the date of its signing and extends to deliveries (shipments) of the goods developed from oil, performed during the period from March 15, 2020 to June 30, 2020 inclusive.

Approved by the Order of the Government of the Republic of Kazakhstan of May 14, 2020 No. 299

Governed (technique) of pricing on the goods developed from oil

Chapter 1. General provisions

1. These rules (technique) of pricing on the goods developed from oil (further - Rules), are developed according to the subitem 3) of Item 10 of article 10 of the Law of the Republic of Kazakhstan of July 5, 2008 "About transfer pricing" (further - the Law) and establish pricing procedure of payments on the goods developed from oil.

2. These rules are applied to the transactions made according to purchase and sale agreements of the goods developed from oil, falling under control in case of transfer pricing (further - the agreement).

3. In these rules the following terms and determinations are used:

1) information sources - publications under the headings Argus Market of the Caspian Sea of Argus Media Limited and "Fuel Market of Central Asia" publishing house of publishing house Thomson of Reuters;

2) transaction price - the goods price (works, services) applied by participants of transactions during transaction, regulated by the Law;

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