RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of March 13, 2026 No. 175

About approval of the Procedure for realization of precious metals to domestic manufacturers of jewelry

According to part 4 of article 6 of the Law of the Kyrgyz Republic "About precious metals and gemstones", subitems 2, "About measures for support of separate industries of economy" of December 5, 2025 No. 350, articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides 3 Items 1 of the Presidential decree of the Kyrgyz Republic:

1. Approve the Procedure for realization of precious metals to domestic manufacturers of jewelry according to appendix.

2. Determine that the realization of precious metals to domestic manufacturers of jewelry is enabled at a discount in the amount of 2 (two) percent from fixing of the London association of the market of precious metals.

3. In accordance with the established procedure to provide to the Ministry of Finance of the Kyrgyz Republic allocation of the financial resources necessary for realization of precious metals, according to this resolution.

4. The Items of buying up and pawnshops performing transactions with the precious metals and gemstones having the right to realize jewelry and other products, and also scrap of precious metals and gemstones to the authorized state body performing functions on realization of state policy in the field of the address and accounting of precious metals and gemstones, except for products from them.

5. To impose control of execution of this resolution on management of control of execution of decisions of the President and the Presidential Administration Cabinet of Ministers of the Kyrgyz Republic.

6. This resolution becomes effective after ten days from the date of official publication.

Appendix

to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of March 13, 2026 No. 175

Procedure for realization of precious metals to domestic manufacturers of jewelry

Chapter 1. General provisions

1. This Procedure for realization of precious metals to domestic manufacturers of jewelry (further - the Procedure) is developed according to part 4 of article 6 of the Law of the Kyrgyz Republic "About precious metals and gemstones" and regulates procedure for realization of precious metals by authorized state body to the producers of jewelry using precious metals for production of jewelry and other products from precious metals in the territory of the Kyrgyz Republic.

2. For the purposes of this Procedure the following terms and their determinations are used:

- the affined standard ingots - the made and certified ingots from gold or silver conforming to the international standards of quality accepted by the London association of the market of precious metals;

- the affined measuring ingots - the made and certified ingots from precious metal (gold, silver, platinum) weighing 1000 grams and less, with content of chemically net main metal 99,90 of percent of alloyed mass of ingot for gold suffices, 99,90 of percent of alloyed mass of ingot for silver at least 99,95 of percent of alloyed mass of ingot for platinum suffices;

- the affined precious metals in non-standard form - precious metals of any form (cores, granules, plates, wire and other) and the sizes other than form and the sizes of standard and measuring ingots of the affined precious metals;

- tax authority - territorial and/or functional subdivisions of authorized tax authority;

- producers of jewelry - the legal entities and individual entrepreneurs performing activities for production of jewelry and other products from precious metals and gemstones;

- raw materials - the affined precious metals, jewelry from them and their scrap, provided to producers of jewelry;

- authorized state body - the state body performing function on realization of state policy in the field of the address and accounting of precious metals and gemstones, except for products from them.

Chapter 2. Procedure for realization of raw materials

3. Subject of transactions of purchase and sale are the affined precious metals in the form of measuring and standard ingots, and also the affined precious metals in non-standard form from gold, silver, jewelry and scrap from them (further - raw materials).

4. Realization of the raw materials which are in the State fund of precious metals and gemstones of the Kyrgyz Republic (further - State fund), to producers of jewelry is performed in national currency at the rate of National Bank of the Kyrgyz Republic, based on evening fixing of the London association of the market of precious metals in the day preceding day of the conclusion of the transaction.

5. The realization of raw materials to producers of jewelry is enabled at a discount in the amount of 2 (two) percent from fixing of the London association of the market of precious metals.

6. For the purpose of providing producers of jewelry with raw materials the authorized state body enables the realization of raw materials based on the list of producers of the jewelry staying on the special registry provided by tax authority.

7. The list of producers of the jewelry having the right to raw materials from State fund, annually till August 1, is submitted tax authority in form according to appendix 1 to this Procedure.

8. The authorized state body based on the list of producers of jewelry creates the forecast need for raw materials the next year and no later than September 1 of the current year sends the summary request to the Ministry of Finance of the Kyrgyz Republic.

9. Responsibility for reliability of the provided information, and also for control of target use of raw materials by producers of jewelry bears tax authority within the competence.

10. Producers of jewelry submit the paper and (or) electronic request on the automated information system in form according to appendix 2 to this Procedure which contains data about:

1) requests for acquisition of raw materials without payment deferral;

2) requests for acquisition of raw materials with payment deferral to 180 calendar days.

11. Raw materials leave to producers of jewelry is performed:

1) without payment deferral - after complete (100 percent) payment of cost of raw materials, in time no later than 3 (three) working days from the date of the conclusion of the purchase and sale agreement;

2) with payment deferral - after the conclusion of the purchase and sale agreement and provision of the bank guarantee which is drawn up according to the legislation of the Kyrgyz Republic, in time no later than 5 (five) working days.

12. The Ministry of Finance of the Kyrgyz Republic based on the summary request provides in the republican budget of means, necessary for acquisition of raw materials for the corresponding financial year, according to the procedure, established by the budget legislation of the Kyrgyz Republic.

Chapter 3. Raw materials provision conditions

13. The authorized state body monthly, to the 5th following the accounting period creates the list of producers of jewelry on receipt of raw materials of no more than 50 kilograms and releases raw materials to the producer of jewelry based on the request of no more than 5 kilograms monthly.

14. Provision of raw materials is performed in case of simultaneous observance of the following compulsory provisions:

1) statement of the producer of jewelry on special accounting in tax authority;

2) availability of the production rooms equipped according to safety requirements and accounting of precious metals and gemstones;

3) availability of the conditions for implementation of productive activity providing target use of raw materials;

4) provision of the financial reporting (balance sheet) for the last year;

5) production schedule availability on conversion of the declared amount of precious metals;

6) observance of rules of accounting, storage and use of precious metals and gemstones;

7) availability of the bank guarantee in case of acquisition of raw materials with payment deferral to 180 calendar days;

8) absence of debt on taxes and obligatory payments.

15. In case of acquisition of raw materials with payment deferral to 180 calendar days the subsequent realization of raw materials to this producer is performed only after complete payment of earlier received raw materials.

16. The realization of raw materials is enabled based on the purchase and sale agreement signed between authorized state body and the producer of jewelry without consideration of question of prolongation.

17. Producers of jewelry within 35 days from the date of receipt of raw materials shall make jewelry in the corresponding amount, and also undergo procedures of approbation and branding.

In case of raw materials non-use in full the remaining balance of raw materials is subject to return to State fund according to the purchase and sale agreement.

18. In case of the conclusion of the purchase and sale agreement with payment deferral to 180 calendar days the producer of jewelry shall provide the bank guarantee.

19. In case of violation of term of use of the raw materials specified in Item 17 of this Procedure, the producer of jewelry pays penalty (penalty fee) in the amount of percent 0,1 from the cost of unused balance of raw materials for each calendar day of delay, except for raw materials remaining balance in the amount of no more than 5 (five) percent from the received amount.

20. Raw materials are not provided in the following cases:

1) non-presentations (or representations not in full) the documents provided by this Procedure;

2) non-execution or improper execution of earlier undertaken obligations on use of the provided raw materials;

3) lack of necessary amount of raw materials at authorized state body at the time of consideration of the request.

21. In case of untimely payment of cost of raw materials the authorized state body performs the address of collection on the amount of the bank guarantee according to the procedure and on the conditions provided by the purchase and sale agreement and the legislation of the Kyrgyz Republic.

22. Producers of jewelry monthly, to the 5th following the accounting period submit in authorized state body the report on use of raw materials and its remaining balance in electronic format in form according to appendix 3 to this Procedure.

23. In case of the termination of activities for production of jewelry and other products the producer of jewelry within 10 (ten) calendar days shall pay all amount for the raw materials acquired according to this Procedure, to authorized state body

24. The realization of precious metals for the purpose of providing jewelry with raw materials of producers can be enabled at the exchange biddings according to the procedure, established by the legislation of the Kyrgyz Republic.

Chapter 4. Control and responsibility for target use of raw materials

25. When carrying out tax control behind target use of raw materials by producers of jewelry in case of identification of the following violations:

- inappropriate use of the raw materials received from State fund;

- discrepancies of the actual remaining balance of precious metals with reporting data;

- violations of terms of provision of jewelry on approbation and branding;

- violations of terms of provision or failure to provide the corresponding reporting under use of the received precious metals are provided responsibility measures according to Item 26 of this Procedure.

26. In case of identification of the violations specified in Item 25 of this Procedure the following measures to producers of jewelry are taken:

- introduction of prohibition on further issue of raw materials from State fund;

- withdrawal of earlier issued raw materials with its subsequent transfer to State fund;

- cancellation of the certificate on statement on special accounting;

- collection of difference in raw materials cost taking into account its market value.

Chapter 5. Obligation fulfillment

27. Producers of jewelry shall perform terms of the contract of purchase and sale and bear responsibility for target and effective use of the received raw materials in accordance with the terms of the agreement and the legislation of the Kyrgyz Republic.

28. Obligations shall be fulfilled properly and at the scheduled time in accordance with the terms of the agreement and requirements of the civil legislation of the Kyrgyz Republic.

29. Producers of jewelry have the right to fulfill obligations ahead of schedule if other is not provided by terms of the contract.

30. The payments which are not extinguished in day of approach of term of their execution are considered delayed since the day following behind day of fixed term of payment.

31. The added amounts of percent and penalty are subject to reflection in the documents sent to producers of jewelry, according to the procedure, established by the purchase and sale agreement and the legislation of the Kyrgyz Republic.

32. Repayment of payments by money is performed based on payment documents by passing of payments through system of treasury according to the procedure, established by the budget legislation of the Kyrgyz Republic.

Chapter 6. Methods of ensuring obligation fulfillment

33. Obligation fulfillment of jewelry by producers is provided with the penalty, the bank guarantee and other methods provided by the civil legislation of the Kyrgyz Republic.

34. Conditions of application and charge of financial sanctions (penalty) are determined by the purchase and sale agreement.

35. In case of non-execution or improper execution of jewelry of purchase and sale agreement obligations by the producer the authorized state body has the right to impose requirement for the bank guarantee according to the procedure and on the conditions provided by the purchase and sale agreement and the civil legislation of the Kyrgyz Republic.

Chapter 7. Final provisions

36. The tax authority according to the Tax code of the Kyrgyz Republic, the Law of the Kyrgyz Republic "About precious metals and gemstones" and this Procedure within the competence exercises control of target use of the precious metals acquired by producers of jewelry.

37. In case of use of the precious metals acquired through authorized state body not on purpose producers of jewelry bear responsibility according to Item 26 of this Procedure.

Appendix 1

to the Procedure for realization of precious metals to domestic manufacturers of jewelry

The list of producers of the jewelry having the right to acquisition of precious metals

№	The name of producers of jewelry from precious metals	Number, date of issue of the certificate on statement on special accounting	Name of precious metal	Amount of precious metal (in grams)
			gold
			silver
			gold
			silver
			gold
			silver
			gold
			silver
			gold
			silver
In total			gold
			silver

___________________________________ (position and full name)

M.P.

_______________________________ (date and signature)

Appendix 2

to the Procedure for realization of precious metals to domestic manufacturers of jewelry

Request for acquisition of precious metals by producers of jewelry and other products

№_____________ (requisition number)

_____________________________ (date of the request)

_______________________________________________________________________ (name of the producer of jewelry and other products)	______________________________ (number and date of statement on special accounting)
_______________________________________________________________________ (legal address)	______________________________ (actual address)
_______________________________________________________________________ (INN)	______________________________ (bank details)

Metal type	Quantity/weight	Unit of measure (kg, d)	Test
Gold
Silver
Jewelry and their scrap
Without payment deferral
With payment deferral to 180 calendar days

? Statement of the producer of jewelry on special accounting in the State Tax Administration under the Cabinet of Ministers of the Kyrgyz Republic.

? Availability of the production rooms equipped according to safety requirements and accounting of precious metals and gemstones.

? Availability of the conditions for implementation of productive activity providing target use of raw materials.

? Provision of the financial reporting for the last year (balance sheet).

? Production schedule availability on conversion of the declared amount of precious metals.

? Observance of rules of accounting, storage and use of precious metals and gemstones.

? Availability of the bank guarantee in case of acquisition of raw materials with payment deferral to 180 calendar days.

? Absence of debt on taxes and obligatory payments.

? Other documents.

Full name of the head or authorized person: _____________________________________

_________________________________________________________________________________

Position: ______________________________________________________________________

Signature: ________________________________________________________________________

Ph.: ____________________________________________________________________________

E-mail address: ________________________________________________________

Appendix 3

to the Procedure for realization of precious metals to domestic manufacturers of jewelry

The report on use of the acquired raw materials and its remaining balance

Department of precious metals of the KR in case of MFKR
____________________________________________
(name of a consignee)

_________________________________________________________________________________
name of the company
_________________________________________________________________________________
territory (area, city, area)
_________________________________________________________________________________
address (postal index, street, house number)
_________________________________________________________________________________
form of business

for ____________________ 20 ___ years

(in grams)

Type of precious metal	Remaining balance for the beginning of the accounting period	Amount of the acquired raw materials	Amount of finished goods	Remaining balance by the end of the reporting period
1	2	3	4	5
Gold
Silver
Jewelry and their scrap

Full name of the head or authorized person: _____________________________________

_________________________________________________________________________________

Position: ______________________________________________________________________

Signature: ________________________________________________________________________

Ph.: ____________________________________________________________________________

E-mail address: ________________________________________________________

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