The regulation authorizing the President regarding SCT was added to the relevant communiqué. The President, who currently has the authority to triple and reset the SCT, will be able to set SCT on a category basis and, in a sense, change the SCT system.
Today’s issue of the Official Gazette added the authority given to President Erdoğan regarding SCT to the relevant communiqué. With the said communiqué published by the Ministry of Treasury and Finance, the President SCTto able to categorize. It can even change categories.
As a matter of fact, President Erdogan was already around a year ago. Tripling and resetting the excise duty to the authority had had. Today’s regulation officially added this authority to the relevant communiqué. Erdogan. Within the scope of the said communiqué, he will be able to create different base groups for the goods included in the 87.03 GTIP number during his duty. For example; engine powerdifferent for categories such as type, class and emission. SCT can set rates.
Here is the new authority in the Official Gazette:
ARTICLE 4- In the third paragraph of the section (III/B/1) of the same Communiqué, the phrase “Council of Ministers” has been changed as “President”, the phrase “one” as “and the lower and upper limits of the special consumption tax bases based on these rates as three” and the same in the paragraph “to zero down;” To come after the phrase “provided that they remain within these limits, it is necessary to create different assessment groups for the goods included in the 87.03 GTIP number, the basis groups of the goods, engine power, type, class, superstructure body definition, emission type and value, load limit and passenger and cargo transportation. to determine different rates in terms of its capacity; phrase has been added.
What do the goods in the 87.03 GTIP number mean?
In the decision published in the Official Gazette “Goods included in 87.03 GTIP numberThe phrase ” may have confused you. Official authorities explain this phrase as follows: Passenger cars and mainly to transport people other motor vehicles (other than those of heading 87.02)
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What can be done with this authority?
The authority given to President Erdogan, specific to vehicles It allows to create excise duty. For example; With this decision, a much lower SCT can be paid for a car with a 1.6 liter engine than for a car with a 1.2 liter engine. This authorization is for the domestic automobile TOGG. new incentives It could also be a hint that you’re on your way. You will have those who remember; recently a for electric cars SCT A regulation was made, and the prices of some electric cars decreased within the scope of this regulation.
President Erdoğan recently said that the SCT rate in TOGG, whose price is not yet known, has been reduced to 10 percent:
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