Special Consumption Tax collected from motor vehicles in Turkey will be fully increased for 2023. 379 billion TLexceeded . More than 42 billion TL of SCT was collected in October.
Erol Şahin by in the past months, after the remaining 9 months of 2023 Exactly 297 billion TL SCT from motor vehicles (Special Consumption Tax) was announced to have been collected. Lastly, the current situation was shared, and according to Şahin, the SCT revenue collected from motor vehicles in the first 10 months was in full. It exceeded 337 billion TL, reaching 10 percent of Türkiye’s total tax revenue.. Today by Şahin 42 billion TL added in November over in total It was announced that 379 billion TL of SCT revenue was left behind. Şahin says the following about this: shared: “In the first 11 months, approximately 10% of all tax revenues consisted of SCT collected from automotive. The collection target of 346 billion liras, including the additional budget, has already been achieved by 109%… It is certain that this figure will exceed 400 billion by the end of the year. While the automotive market grew by 38% in November, SCT revenue grew by 109%, and while the automotive market grew by 58% in the first 11 months, SCT revenue grew by 174%… How could it not grow, the car costs 100 lira, the tax is 116 lira… The car is free for those who pay their taxes!!”
Is there such an INCOME⁉️
👉In the first 11 months, approximately 10% of all tax revenues consisted of SCT collected from Automotive.
👉The collection target of 346 billion lira, including the additional budget, has already been achieved by 109%…
It is certain that this figure will exceed 400 billion by the end of the year.👉Automotive… pic.twitter.com/jxP9TDIDxl
— Erol Şahin (@erolsahin_ebs) December 15, 2023
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Automotive Distributors and Mobility Association ODMD, recently announced the November data, which is curious for the sector. Accordingly, in Turkey in November 115,040 new cars and light commercial vehicles were sold. Passenger vehicle sales in November increased by 54.4 percent compared to the same month of the previous year. 91,424 units while the light commercial vehicle market increased by 2.3 percent compared to the same month of the previous year. 23,616 units happened. For the January-November total, passenger vehicles and light commercial vehicles are in full swing. 1 million sales exceeded.