Turkiye

Additional custom tax will be applied on over 400 importing goods

The import authority has published it on official gazette.

Additional custom tax will be practiced on some importation goods in order to decrease the negative effects of the pandemic on Turkey’s economy and protect the domestic industry against the increasing pressure of import. The decision is made by considering the demands of industrial enterprises and firms.

According to this decision, over 400 goods will be temporarily applied with a 20 percent custom tax (the percentage varies according to the type of the products) until the September 30; after that date, the percentage will be decreased to 10 percentage. Some of the products are; textile, casting and welding machine, machine tools,  agriculture and harvesting machines, deck cranes, trailers, cord fabric, citric acid, glass, firebricks, seat belts, thermostat, weighing instruments, wigs, snow plowers, furnace, extraction hood, ferrous tools, cables, valuable knick knack and more.

The decisions will be valid on September 30

Ministry of Commerce will be able to issue a communication to the aspects related to the decisions and conclude the private and obligatory situations through analyzing them.

According to the change on another import regime, it is decided that imported reflective films are applied with 10 percent custom debt only if they will be used in solar panels.

It is also decided that imported plastic plaques are applied with 10 percent custom debt only if they will be used in the production of smart and plastic cards. These decisions will be valid on September 30.

source: haberler.com / translated by Bazaar Team

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