The Special Consumption Tax (SCT) collected from motor vehicles in July was announced

The total SCT collected from motor vehicles in July has been determined. The revenues obtained on this side continue to make a splash.

By journalist Emre Özpeynirci here as reported in the post While the automotive market fell by 17.21% in July, the SCT revenue collected by the state from the automotive sector increased by 7.08%. It reached 49 billion TL. This year’s highest monthly SCT collection was achieved. While the automotive market fell by 0.28% between January and July, SCT revenue increased by 30.69%. It reached 274.1 billion TL. Thus, 55.1% of the year-end budget target was collected at the end of 7 months. While the share of SCT collected from automotive in all tax revenues was 10.15% in July 2023, this share decreased to 8% in 2024. The share, which was 10.22% at the end of 7 months last year, decreased to 7.17% this year. Recently ODMD with data shared by It was announced how many new cars and light commercial vehicles were sold in Turkey in July. Accordingly, in Turkey in the seventh month of 2024 94,037 new cars and light commercial vehicles were sold. Car sales in July 2024 decreased by 16.04 percent compared to the same month of the previous year. 73,396 units while the light commercial vehicle market decreased by 22.2 percent 20,641 units All the summary details for July given by ODMD are as follows: had happened:

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-Turkey’s total automobile and light commercial vehicle market is expected to increase by 0.1 percent in the January-July period of 2024 compared to the same period of the previous year. 672,018 units took place as.

-Automobile sales are expected to increase by 3.4 percent in the January-July period of 2024 compared to the previous year. 563,351 units, The light commercial vehicle market decreased by 11.1 percent 135,667 units happened.

-The July 2024 passenger car and light commercial vehicle market decreased by 17.5 percent compared to July 2023, reaching 94,037 units.

-In July 2024, passenger car sales decreased by 16.04 percent compared to the same month of the previous year. 73,396 units while the light commercial vehicle market decreased by 22.2 percent 20,641 units happened.

-Automobile and light commercial vehicle market according to 10-year July average sales increased by 43.2 percent.

– Passenger car market, according to 10-year average July sales, It increased by 43.8%.

-Light commercial vehicle market, based on 10-year July average sales increased by 41.1 percent.

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