Claim: VAT Rates and Exemptions Will Be Reviewed

Unfortunately, in recent years, high cost of living, economic fluctuations and taxes have been on our country’s agenda. Today, a new claim regarding taxes was put forward. According to this claim, exemptions and discounts determined for Value Added Tax (VAT) will be reviewed, and the general VAT rate will not decrease. In this case, the amount paid for purchases VAT The amount may increase.

He also served as a senior manager in important public banks. Prof. Dr. Şenol BabuşçuAccording to ‘s post on X, Minister of Treasury and Finance Mehmet Simsek“We will not change the general rate on VAT. We will review the tax exemptions. “We will review the reduced VAT rates and review the exemptions.” he said.

VAT rates will be reviewed

In our country The general VAT rate is 20%. However, while some products are exempt from VAT, there are two different lists for VAT discount. Of these lists, list I includes products with a VAT rate of 1%. For products in List II, the VAT rate is 10%. With new regulations, new products may be added to these lists, and the list of some products may also change. It is possible for some products to lose their VAT exemption or discount after the evaluation.

Which products are included in List I?

Eggs, tea, coffee, spices, nuts, sugar, salt, Thissoda, milk, mineral water, tap water, meat, fish, cream, butter, cheese, pasta, bread, pastry, cake, biscuits, chocolate, baklava, kadayıf, cookies, pickles and preserves, jams, jellies, sauces, soupsbroths, ice cream, sausages, vegetables and fruits, their seeds, kernels and spores, mint, sugarcane, cottonseed and seed, flour and meal of oilseeds and fruits, poultry, wheat, bulgur, barley, corn, oats. , rye, millet, paddy, rice, soy, dried beans, dried kidney beans, broad beans, chickpeas, lentils, potatoes, onions, garlic, olives, olive oil, small and cattle (including bees), licorice root, licorice honey, licorice extract, soapwort, sumac leaves, bay leaves, linden, thyme, sage, mahlep, cumin, sesame, anise, poppy seeds, fennel seeds, broom wire and seeds and brooms made from them, capers (capers), carob (carob), carob seeds, turmeric seeds, apricot seeds, coriander, bitter almond, morel mushrooms, sugar beet, funeral services, newspapers and magazines, seeds and saplings, etc.

Which products are included in List II?

Services provided in restaurants, cafeterias, patisseries, tea gardens, kebab shops and similar places, waste water, electrichotel (accommodation) services, all kinds of textiles, including knitted cotton, woolen, silk, synthetic, artificial or mixtures of these (cotton, linen, silk, synthetic, artificial, rubber thread, fiber and the like, animal hair, textile materials or their impregnated, coated, coated or laminated textile fabrics, non-woven fabrics, wadding, felt and all kinds of lace, ribbon, cord, together with their mixtures; whether or not woven on hand looms or in other ways, whether or not bleached, dyed, printed, etc. and embroideries, underwear and outerwear (including hats, ties, scarves, shawls, scarves, belts, socks, gloves, etc.), shoulder pads, linings, epaulettes, buttoning devices, pockets, sleeves, collars, badges and ruffles and their similar products, towels, bathrobes, curtains (including those whose mounting and moving mechanism partially contain aluminum, plastic and similar materials), sheets, pillows, quilts, blankets, sleeping bags, all kinds of covers and covers and similar home textile products (including those used in vehicles). ) (except for beds) and zippers, snaps, buttons, buckles, beads and the like made of all kinds of materials except precious stones and metals, processed hides, leather and leather and their imitations and clothing items made of these (hats, belts, ties, gloves and including similar), shoeslippers, boots and the like, bags, suitcases, suitcases and the like, carpets, rugs, toothbrushes, toothpaste, cinema, theatre, opera, operetta, ballet, museum entrance fees, universities and colleges. Private Educational Institutions Law No. 5580Education and training services provided within the scope of the Social Services and Child Protection Institution Law No. 2828 and the Decree Law on Special Education No. 573, student transportation services provided within the scope of the “School Bus Vehicles Service Regulation” and the services provided in dormitories subject to the provisions of the “Private Student Dormitories Regulation” services, food used as human food, sanitary napkins, baby diapers, care for the elderly, disabled and destitute, and services provided in nursing homes and orphanages, Code of Civil Procedure No. 6100 and legal services provided within the scope of legal aid and legal assistance provisions in Law No. 1136, and cases and matters falling within the jurisdiction of family courts, consumer courts and juvenile courts, guardianship cases and affairs; legal remedies related to these cases; mediation as a condition of litigation in labor disputes and legal services provided within the scope of enforcement proceedings with a judgment, etc.