A surprise step was taken minutes ago and the SCT base update was made for electric cars.
On this subject, Erol Şahin says the following: quoted: ““The tax base for cars with an engine power not exceeding 160 KW was increased by 16%, or 200,000 TL, to 1,450,000 TL, while the base for cars with an engine power exceeding 160 KW remained the same.” For this arrangement, Şahin said, “Unfortunately, the impact of this inflation will be small…” Wrote. Hawk by last month, after the remaining 9 months of 2023 Exactly 297 billion TL SCT from motor vehicles (Special Consumption Tax) was announced to have been collected. Last week, the current situation was shared. Again, according to Şahin, the SCT revenue collected from motor vehicles in the first 10 months was fully Exceeding 337 billion TL, it reached 10 percent of Türkiye’s total tax revenue. The target, which was increased to 346 billion TL with the additional budget, has already been kept at 97 percent. “The tax burden on the cheapest car is exactly 116 percent.” According to the list shared by Şahin, 40 billion TL from motor vehicles in Septemberin October 39 billion TL SCT was collected up to . If in August 46 billion TL Special Consumption Tax was collected. If you missed it, we recently asked how many zeros were in Turkey in October. car And light commercial vehicles It was announced that it was sold.
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Automotive Distributors and Mobility Association ODMD According to data, in October in Turkey 101,367 new cars and light commercial vehicles were sold. This was an all-time October record. Passenger vehicle sales in October increased by 74.1 percent compared to the same month of the previous year. 82,611 units while the light commercial vehicle market increased by 5.5 percent 18,756 units happened. In terms of the January-October total, passenger vehicles and light commercial vehicles are in full swing. 958 thousand vehicle sales were exceeded.
Last Minute ‼️
📢SCT Base Update on Electric Cars.
📌For cars whose engine power does not exceed 160 KW, the tax base will be increased by 16%, i.e. 200,000 TL, to 1,450,000 TL. While being removed to
📌The base remained the same for cars exceeding 160 KW.
Unfortunately, in the face of this inflation… pic.twitter.com/J4fGBW4PfC
— Erol Şahin (@erolsahin_ebs) November 17, 2023