- The decision (number 7846) regarding the removal of the right to deduct value-added tax calculated within the scope of surveillance and protection measures in import has been published.
- The decision aims to protect domestic production by preventing the deduction of value-added tax paid on imports due to measures such as import surveillance, protection measures, and anti-dumping taxes.
- The decision is based on the authority given to the President by Article 36 of the Value Added Tax Law (number 3065).
- To access the President’s decision, click here.
- To access the explanatory information note, click here.
Source: gib.gov.tr
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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