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Amendment to the Decision on the Removal of the Right to Deduct VAT Calculated in Import Surveillance and Protection

  • The decision number 8000 is about the removal of the right to deduct value-added tax calculated within the scope of surveillance and protection measures in imports.
  • The decision was made in accordance with Article 36 of the Value Added Tax Law No. 3065.
  • The decision aims to exempt goods subject to surveillance and protection measures in imports from the provisions of the decision number 7846, if the payment for the import of these goods is made through the banking system before November 24, 2023, and the goods are imported by April 1, 2024 at the latest.
  • A temporary article has been added to the decision number 7846, stating that the provisions of the decision do not apply if the goods whose import payment has been proven to be made through the banking system before November 24, 2023 are imported by April 1, 2024.
  • The decision comes into effect on November 24, 2023.
  • The implementation of the decision is carried out by the Minister of Treasury and Finance.

Source: alomaliye.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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