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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.

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