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Second installment of Additional MTV will be paid by the end of November

The second installment payment period of the additional motor vehicle tax will end on November 30.

The additional MTV regulation, made due to the financing need arising from the earthquakes centered in Kahramanmaraş, was brought to the Constitutional Court (AYM). Yesterday, the Constitutional Court unanimously rejected the request for the cancellation of the regulation requiring additional MTV. Following this decision, all eyes turned to the late payment interest rate and the second installment period.

The first installment of the additional MTV was due by September 6. Approximately ₺13.2 billion revenue was generated in the first installment period, and 87% of the targeted collection was met.

Vehicle owners who miss this period will be able to pay the first installment with a monthly delay interest of 2.5%. The payment period for the second installment will end on November 30.

Payments can be made via the “gib.gov.tr” website of the Revenue Administration, the Interactive Tax Office and the Revenue Administration Mobile application, bank accounts with credit or debit cards of contracted banks, branches, mobile, telephone and internet banking. Additionally, payments can be made to tax office cashiers and PTT branches.

For the sale and transfer of vehicles, MTV and additional MTV must be paid. Unless the additional MTV is paid, vehicle inspections will not be carried out, and registration closures due to withdrawal from traffic, scrapping and taking abroad will not be carried out.

Source: Trthaber / Prepared by Irem Yildiz

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