Regulatory Alerts2017-08-10 | ПҚ-3199Added · Updated
On Measures for State Support of the Jewelry Industry
The decree establishes the primary tasks for developing the jewelry industry, including increasing local production, fostering competitive high-art designs, attracting foreign investment, and training specialists. It mandates that jewelry manufacturing be conducted under a license from the Precious Metals Agency of the Central Bank, replacing the previous State Assay Chamber permit system effective October 1, 2017. The document outlines a mechanism for producers to purchase precious metals from authorized commercial banks based on Central Bank allocations, sets pricing for state-confiscated precious items, abolishes specific excise taxes and approval requirements for refining, and transfers the '1st Jewelry Enterprise' complex to Asaka Bank for modernization.
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