With the decision published in the Official Gazette today, the upper limit for SCT exempt vehicles has been increased to 2,290,200 TL. upgraded.
The full decision in the Official Gazette is as follows: happened: “COMMUNIQUE ON AMENDMENTS IN THE GENERAL COMMUNIQUE ON IMPLEMENTATION OF SPECIAL CONSUMPTION TAX (II) LIST (SERIAL NO: 13) ARTICLE 1- General Communiqué on Special Consumption Tax List Application No. (II) published in the Official Gazette No. 29330 dated 18/4/2015 ;
a) The phrases “of 1,591,200 TL” in the first paragraphs of sections (II/C/1.2.1) and (II/C/1.3) are changed to “of 2,290,200 TL”,
b) The phrase “1,591,200 TL” in the third paragraph of section (II/C/5.1) has been changed to “2,290,200 TL”.
ARTICLE 2- This Communiqué shall enter into force on 1/1/2025.
ARTICLE 3- The provisions of this Communiqué shall be enforced by the Minister of Treasury and Finance.”
It worked for the locals!!
The upper limit for SCT-exempt vehicles increased from 1,591,200 TL to 2,290,200 TL.
The President did not use his authority, the limit increased at the rate of revaluation.
With the new regulation, only domestic vehicles produced in Turkey can be purchased with Special Consumption Tax exemption and will be valid for 10 years. https://t.co/q3xMXi1yTE pic.twitter.com/jkDOday24k
— Emre Özpeynirci (@eozpeynirci) December 30, 2024
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The Turkish Grand National Assembly (TBMM) recently adopted an important regulation regarding the purchase of SCT-exempt vehicles by disabled individuals. In the new process that became official later, vehicles to be purchased with special consumption tax exemption The locality requirement was increased from 20 percent to 40 percent. By the decision of the President published in the Official Gazette The sales period of vehicles purchased with SCT exemption has been increased from 5 years to 10 years.. The official decision on this issue was exactly as follows:
“It has been decided, in accordance with the second paragraph of Article 7 of the said Law, to put into effect the attached Decision on the determination of the domestic contribution rate of vehicles falling within the scope of the exemption in paragraph (2) of the first paragraph of Article 7 of the Special Consumption Tax Law No. 4760. ARTICLE 1- (1) The domestic contribution rate in subparagraph (2) of the first paragraph of Article 7 of the Special Consumption Tax Law No. 4760 dated 6/6/2002 has been determined as “40%”. ARTICLE 2-(1) This Decision shall enter into force on the date of its publication. ARTICLE 3- (1) The provisions of this Decision shall be enforced by the Minister of Treasury and Finance.”