With the President’s Decision published in the Official Gazette, the SCT base prices on automobiles have been updated. We have created a new price list for cars with current base limits for you.
Base limits updated! Here are the new car prices
The Minister of Treasury and Finance Nurettin Nebati had recently announced that the tax base would be updated instead of the SCT reduction. The tax base arrangement, which is expected to come into effect on December 1, was published at midnight with the Presidential Decree.
According to the new tax base limits, the SCT rate has been updated to 45 percent for vehicles with a SCT base not exceeding 184 thousand TL and a cylinder volume not exceeding 1600 cc. This rate was determined as 70 percent for cars with a cylinder volume of 1600 cc and models with an SCT base price between 250 thousand and 280 thousand TL.
SCT tax regulation has arrived! How much discount will there be on brand new cars?
The SCT tax regulation, which is expected to arrive on December 1, 2022 for the automobile, entered into force with the Official Gazette published today.
It is worth noting that there is no SCT limit for cars with an engine cylinder volume of more than 2000 cc. Excise tax base limits have also been changed for fully electric cars. The SCT rate has been updated as 10 percent for models whose engine power does not exceed 160 kW and whose SCT base does not exceed 700 thousand TL.