13,744.64 TRY BIST 100 BIST 100
46.17 USD USD USD
6.87 CNY CNY CNY
53.44 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
101.39 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
101.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Locally Produced TÜRASAŞ Locomotive to Be Exported to Tanzania

Sunday, June 14, 2026

Free Zones' Trade Volume Reached $11.7 Billion in the First Five Months of the Year

Sunday, June 14, 2026

SteelRadar Spoke with Resonac EMEA Specialist Daniel Benedeti at EFRS 2026

Sunday, June 14, 2026

Vale Launches AI-Powered “Usina Modelo” Facility in Itabira

Sunday, June 14, 2026

EUROFER: US tariffs cut European steel exports to the US by one-third

Monday, June 8, 2026
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