16.07.2023/75
Increase Authorization for the Goods in the List No. I Annexed to the Special Consumption Tax Law
According to the 5th paragraph added to Article 12 of the SCT Law with Article 12 of the Law No. 7456, the lump sum tax amounts in the list (I) or the latest lump sum tax amounts determined by the President will be deemed to be redetermined in January and July at the rate of change in the domestic producer price index announced by the Turkish Statistical Institute in the last six months, effective from the day of the announcement of this change . Accordingly, the SCT on these goods will increase in January and July at the rate of the six-month PPI increase announced by the Turkish Statistical Institute.
In addition, the President of the Republic may adjust the lump sum tax amounts listed in the list (I) by the highest tax amount included in the list or deemed to be redetermined for each commodity.increase up to five times,The Ministry is authorized to reduce these limits to zero, and to determine different amounts within these limits according to the types of goods, their characteristics, places of use or the type of import.
You can access the relevant Law here
Sincerely,
BİLGENER
