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Amendment to VAT Deduction in Import Surveillance Measures in Turkey

  • The Decision on the Amendment of the Decision on the Abolition of the Right to Deduction of Value Added Tax Calculated within the Scope of Import Surveillance and Protection Measures has been officially published.
  • The amendment introduces changes to the VAT deduction for goods under import surveillance and protection measures.
  • If payments for goods subject to import surveillance measures are made through the banking system before 24/11/2023 and the import occurs by 1/4/2024, the transactions will not be affected by the provisions of the Presidential Decree Annex.

Source: globalvatcompliance.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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