The price of electronic devices is increasing day by day. The main reasons for this are inflation, the dollar rate and high taxes. In these days when the Turkish Lira started to lose value again, everyone thought that technological devices could be increased. However, the TRT banderole fee was increased before the increase in the exchange rate was reflected in the prices. So how will this affect the market?
TRT banderole fee increased: Taxes exceeded the price of the device!
According to the law, a change made on the TRT banderole fee collected under the umbrella of Radio-Television Agency Revenues must be published in the Official Gazette. As a matter of fact, the hike made tonight was noticed in this way.
This fee, taken from almost all technological devices, was 16 percent for TV, cameras and radios, 10 percent for smart phones, 8 percent for smart watches, and 2 percent for computers and tablets. These rates have been updated as of tonight.
According to the new regulation, there will be no change in the 16 percent fee received from TV, cameras and radios. However, 12 percent instead of 10 percent will be cut for smart phones, 14 percent instead of 8 percent for smart watches, and 4 percent instead of 2 percent for tablets and computers.
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For those wondering how much fuel prices are without SCT, we have brought together tax rates and current prices with all the details.
After this increase, the amount of taxes collected from some products exceeded the original price. You can see the effect of this situation on smartphone prices in the example below.
iPhone 13 Pro 128GB
| Taxes | old price | New price |
|---|---|---|
| tax free price | 12 thousand 712 TL | 12 thousand 712 |
| Ministry of Culture (1 percent) | 127 TL | 127 TL |
| TRT bandrole (10 percent) | 1,284 TL | – |
| TRT bandrole (12 percent) | – | 1,540 TL |
| SCT (50 percent) | 7 thousand 062 TL | 7 thousand 189 TL |
| VAT (18 percent) | 3 thousand 813 TL | 3 thousand 882 TL |
| Total tax (96.65 percent) | 12 thousand 286 TL | 12 thousand 738 TL |
| price of the phone | 24 thousand 999 TL | 25 thousand 450 TL |
As you can see in the example we gave here, a difference of 450 TL is directly reflected in the price of an upper segment device. In affordable models, this amount can be as low as 100-150 TL. Of course, sellers may choose to subsidize this increase. However, if they decide to reflect the increase in the dollar rate on their prices in the coming days, this difference will increase even more.
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