In 2022, 2 regulations were made on the SCT taken from the automobile. The first of these was for internal combustion engine vehicles last January. Then, at the end of June, there was a change in the base for electric cars that made the consumer happy. Now, it is said that these SCT rates can be hiked.
The rate of excise duty taken from the car may increase!
The speech of the Minister of Treasury and Finance, Nureddin Nebati, at a meeting he attended recently, was on the agenda of social media. Because in the statement made by the minister, it was said that there is an excessive demand for cars in Turkey and therefore there is no vehicle available, so an arrangement will be made.
In fact, Minister Nabati stated that they are considering increasing the SCT rate taken from automobiles in order to break this excessive demand, and they talked about this issue among themselves. He also stated that some politicians heard about this meeting, but thought it was intended to be dismissed by misunderstanding.
Special news: Tax regulation on electric cars!
The expected tax regulation for electric cars is in commission. Along with this, a new SCT zone will be introduced.
In fact, this statement made by the minister is in response to the statement of the President of the Republican People’s Party, Kemal Kılıçdaroğlu, to reduce the SCT, which is taken from cars with 1.6 engines and below, to 1 in 4 after the election.
In addition, Minister Nebati made similar statements in the past days, saying that there are no cars in the market and that the discourse of lowering the SCT would cause the already excessive demand to rise to a higher level, so he did not find it realistic.
Therefore, with a decision to be published in the Official Gazette in the coming period, we may see an increase in the SCT rates taken from automobiles or a base adjustment. Of course, it should be noted that this situation will be directly reflected in the car prices that increase every month.
The last SCT regulation on automobiles took place on January 12
When we look at the SCT regulation dated January 12, which came into force with the presidential decree, we see that there is a decrease in the tax rates of vehicles with 1.6 and below engine displacement compared to their prices. In addition, the following information is shared in the published article:
By the decision of the President dated 12/1/2022 and numbered 5096, 87.03 GTİ.P. For some goods under the “-Others” line, different base groups and rates for these base groups have been established and the special consumption tax bases based on the special consumption tax rates have been determined as follows.
With this new table that has emerged, it is now 45 percent for vehicles under 120 thousand TL, 50 percent for 120 thousand to 150 thousand TL, 60 percent for 150 to 170 thousand TL, 70 percent for 175 to 200 thousand and last As a result, 80 percent SCT tax will be applied for cars over 200 thousand TL.
However, a car with a price above 300 thousand TL, which is in the 80 percent SCT segment, will now enter the 60 percent segment. Therefore, a reduction of approximately 40 thousand TL in the price can be expected. When the limit of 400 thousand TL is exceeded, the SCT amount of the vehicle in the 80 percent segment will be 70 percent. Therefore, the discount rate will be lower.
How were the automobile SCT base rates before January 12?
Vehicles with an engine capacity of 1.6 and below were charged 45 percent for vehicles up to 92 thousand TL, 50 percent for vehicles between 92 thousand and 150 thousand TL, and 80 percent for vehicles over 150 thousand TL. With the incoming regulation, it is expected that the prices of the cars in this section will decrease.
However, there was no change in the cylinder volume between 1.6 and 2.0. 130% SCT is charged for those with 170 thousand TL or more, 150 percent for those with 170 thousand TL or more. On the other hand, 220 percent SCT is collected from cars with 2.0 and above engine displacement.
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