9,949.01 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.20 USD USD USD
36.68 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.08 TRY Interest Interest
73.25 USD Fossil Oil Fossil Oil
29.87 USD Silver Silver
4.12 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,633.98 TRY Gold (gr) Gold (gr)

The right to deduct VAT on imports has been abolished

It was decided to abolish the right to deduct value added tax (VAT) charged on imports in the context of surveillance and safeguard measures.

The right to deduct VAT on imports has been abolished

The presidential decree on this subject came into force after its publication in the Official Gazette.

Accordingly, the right to deduct VAT paid for the amounts declared and uncertified in the customs declarations for goods subject to import surveillance and all kinds of taxes, duties and shares arising from these amounts and included in the VAT base has been abolished.

The removal of customs duties or additional financial obligations applied as a protection measure on imports, anti-dumping taxes and compensatory taxes applied to prevent unfair competition in imports, and the right to deduct VAT paid due to all taxes, duties and shares arising from these amounts and included in the VAT base. It was found appropriate.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

India sets up 305 new steel units in the last five years

Friday, December 27, 2024

Al Yamamah Steel turns profit in fiscal year 2024

Saturday, December 28, 2024

Volkswagen implements major cuts in production and employment

Friday, December 27, 2024

Malaysia reviews anti-dumping duties on cold rolled steel imports

Friday, December 27, 2024

Iran’s steel market faces mounting challenges amid regional competition and domestic pressures

Friday, December 27, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now