The total SCT from motor vehicles in March has been announced. The revenues generated in this regard continue to make a splash.
Erol Şahin, who frequently shares on this subject, today: quoted:
Although the SCT collection received by the Ministry of Finance from Automotive has increased, both its share in the budget and the target realization rate are decreasing…
-In automotive SCT revenue in March exceeded 41.6 billion TL, with an increase of 44.9%.
-Collection increased by 68.9% in the first 3 months 104.4 billion lira Even though the share of SCT revenues in the budget has been decreasing…
-While the share of SCT collected from automotive in all tax revenues in March 2023 was 14.5%, the share decreased to 9.9% in 2024…
-At the end of the first 3 months, the share of SCT collected from automotive in all tax revenues decreased from 9.8% in 2023 to 7.8% in 2024…
While the collection at the end of the first 3 months of 2023 was at 30.3% of the budget target, today it is at 21%… (*According to the first target before the 2023 additional budget)
-While 80% Special Consumption Tax is charged even on the cheapest car, let’s hope the bill is not passed on to the consumer again…‼️
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Erol Şahin stated the following in February:
-February SCT revenue in automotive It exceeded 34 billion with an increase of 88.9%…
-Although one third of the sales in the first 2 months were sales of vehicles for disabled people without SCT, collection It exceeded 62.7 billion lira with an increase of 89.8%…
-Ministry of Finance this year from motor vehicles Targets 498 billion lira SCT revenueof course for now ‼️
-Because it was taken For every 100 lira car, a minimum of 116 lira Special Consumption Tax and VAT is paid…
Erol Şahin stated the following in January:
-Total tax revenue in January 104% increasing 517 billion 201 million while reaching, budget deficit increased by 367% 150 billion passed the lira…
-Total Special Consumption Tax (SCT) revenue increased by 118% to 97.7 billion
-Special Consumption Tax revenue from motor vehicles increased by 90.9% and reached 28.7 billion…
-Special Consumption Tax revenue from oil and natural gas increased by 292% It exceeded 25.4 billion…
-Special Consumption Tax revenue from tobacco products increased by 112% It reached 27.6 billion…
-Thus, total tax revenues 7% Tobacco products and alcoholic beverages, 5.5% The proportion came from motor vehicles…
Has SCT slowed down…⁉️
Although the SCT collection received by the Ministry of Finance from Automotive has increased, both its share in the budget and the target realization rate are decreasing…
✔️March SCT revenue in automotive increased by 44.9% to 41.6 billion,
✔️Although collections exceeded 104.4 billion lira with an increase of 68.9% in the first 3 months… pic.twitter.com/Fi8kF3QNPp
— Erol Şahin (@erolsahin_ebs) April 15, 2024