SCT Amounts Imposed on Some Fuel Products Have Been Increased
Through the promulgation of the President Decision No. 3994 (“Decision”), published in the Official Gazette dated 20th May 2021 and No. 31486, Special Consumption Tax (“SCT”) amounts imposed on some products (gasoline, diesel, propane, butane and liquefied petroleum gas) in the table (A) list (I) of the Special Consumption Tax Law No.4760 have been increased.
Through the Decision, the following changes were made:
- The SCT imposed on 95 octane unleaded gasoline has been increased to 1,3313 TL/lt.
- The SCT imposed on 98 octane unleaded gasoline has been increased to 1,5836 TL/lt.
- The SCT imposed on diesel fuel has been increased to 1,2931 TL/lt.
- The SCT imposed on butane, propane and autogas has been increased to 0,8107 TL/lt.
The Decision enters into force on the date of its publication. You may find the full text of the Decision here.
All rights of this article are reserved. This article may not be used, reproduced, copied, published, distributed, or otherwise disseminated without quotation or Erdem & Erdem Law Firm's written consent. Any content created without citing the resource or Erdem & Erdem Law Firm’s written consent is regularly tracked, and legal action will be taken in case of violation.
Other Contents
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Tax Regulations Regarding Technopolis and R&D Centers
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Limitation on Financing Expense Deduction is Back
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Special Communication Tax as Deductible Expense
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Amendments to Regulation on the Conciliation Before Assessment
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The Corporate Tax General Communiqué No. 18 is Published
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The Duration of VAT Rate Discounts on Certain Goods and Services is Extended Until July 31st
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Obligation of Ultimate Beneficial Owner Declaration for Corporate Taxpayers and Certain Persons
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The Duration of VAT Rate Discounts on Certain Goods and Services is Extended Until 30 September 2021
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