SCT exemption details announced

Minister Nabati shared the details of the exemption from the SCT

Finance Minister Nureddin Nebati stated that, within the scope of the regulation of the Excise Tax on Consumption announced by President Recep Tayyip Erdoğan, passenger cars with an SCT rate between 45 and 80 percent of commercial taxis and whose engine cylinder volume does not exceed 1600 cubic centimeters will be included in the scope of the SCT exemption and stated that it will be determined by the legislative arrangement that is elaborated.

In his speech in the Gemlik district of Bursa, President Erdoğan announced that merchants operating taxis, minibuses, minibuses, midibuses, buses, tow trucks, and commercial trucking will not be charged SCT when renewing their vehicles.

Minister Nebati explained the details of the SCT’s decision.

CONDITION OF THE VEHICLE OF THE SAME TYPE

Regarding the SCT decision announced today by Chairman Erdoğan, Nebati said: “Within the scope of our arrangement, which our Chairman Recep Tayyip Erdoğan gave the good news, Nebati said: If you renew the vehicles you use in your activities with the same type of vehicles, they will not pay SCT during the purchase of these vehicles”.

Emphasizing that they are developing the legal regulations for the support in question, Nebati said, “commercial taxis will be included, cars with a SCT rate of 45 to 80 percent and with a displacement of no more than 1,600 cubic centimeters, and the Los Details of other vehicles that will benefit from our support will be clarified with the legal regulation that we have prepared.” (BRITISH AUTOMOBILE CLUB)

Source: Sozcu

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