Article 121. Recognition of amounts owed on customs payments, taxes, special, anti-dumping, countervailing duties, penalties, and interest as uncollectible and their cancellation by the Code on Customs Regulation in the Republic of Kazakhstan
1. The amounts of arrears in customs payments, taxes, special, anti-dumping, countervailing duties, penalties, and interest, which have proved impossible to collect, shall be deemed uncollectible for one of the following reasons:
1) liquidation of the organization in accordance with the legislation of the Republic of Kazakhstan;
2) declaring bankruptcy;
3) the death of an individual or the declaration of his death on the basis of a court decision that has entered into legal force.
2. The amounts of debt specified in paragraph 1 of this Article shall be written off in accordance with the procedure determined by the authorized body.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases