10,871.08 TRY BIST 100 BIST 100
41.98 USD USD USD
5.94 CNY CNY CNY
48.75 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
550.00 TRY Interest Interest
64.62 USD Fossil Oil Fossil Oil
64.46 USD Silver Silver
5.17 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,334.68 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

Türkiye’s energy imports decreased by 3.6% in september

Friday, October 31, 2025

Stable trend continues in the Turkish rebar market

Friday, October 31, 2025

Europe steel market november outlook: Import pressure eases, demand remains below expectations

Friday, October 31, 2025

Iran’s largest steel producer unveils vision for transformation at 2025 Kish International Steel Expo

Thursday, October 30, 2025

Outokumpu enters chromium metal and refined ferrochrome production in the United States with a 45 million dollar investment

Friday, October 31, 2025
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