The lists of inward processing, domestic sales and delivery, outward processing, and inward processing permits canceled based on the company's request for November, prepared by the Ministry of Commerce, were published in the Official Gazette.
Accordingly, in November, 512 companies were given inward processing permits, while 1 outbound processing permit and 21 domestic sales and delivery certificates were issued.
Based on the company's request, 17 internal processing permits and 4 ex officio processing permits were canceled.
What is the inward processing regime?
Inward Processing is an export incentive system that provides customs exemption for raw materials or inputs that are required to produce export products by exporting companies and are therefore subject to import customs duty.
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