• $ 1.7
  • € 1.9566
  • ₽ 0.020988
  • ₺ 0.0404
  • £ 2.231

Türkiye raises taxes on goods from EU, other countries

Türkiye raises taxes on goods from EU, other countries
06.08.2024 11:00
Turkish President Recep Tayyip Erdoganhas signed a decree imposing a 30% tax on goods imported from the EU and a 60% tax on goods imported from other countries, including China, reported from  Resmi Gazete.

Previously, the tax was 18% on products from the EU and 30% if they came from other countries.

According to the decision, the tax-free limit on international purchases with express delivery was reduced from 150 to 30 euros.

"Products will be taxed at 30% if they come directly from the EU, and at 60% if from other countries. In the case of goods included in the list (IV) attached to the law on special consumption tax No. 4760 of 6/6/2002, a one-time tax of 20% is levied in addition to the above rates,” reads the published decree.

If the weight of the purchased goods exceeds 30 kg, they are subject to the customs commercial legislation. When calculating goods exceeding 30 kg, an additional customs duty of 48% is also applied.

The decision will enter into force in 15 days.

www.anews.az
Similar news
Similar news
A new era begins in public transportation with the support of Birbank
Business 17:30
A new era begins in public transportation with the support of Birbank
Azerbaijan to raise minimum subsistence level in 2026
Business 17:00
Azerbaijan to raise minimum subsistence level in 2026
Unemployment rate in Azerbaijan remains unchanged
Business 16:30
Unemployment rate in Azerbaijan remains unchanged
Azerbaijan’s defense spending to exceed 8.7 billion manats in 2026
Business 16:30
Azerbaijan’s defense spending to exceed 8.7 billion manats in 2026
Azerbaijan to raise funding for diplomatic missions in 2026 budget
Business 15:30
Azerbaijan to raise funding for diplomatic missions in 2026 budget
Azerbaijan’s refugee committee to receive no subsidy in 2026
Business 14:00
Azerbaijan’s refugee committee to receive no subsidy in 2026
Baku and Abu Dhabi forge a new energy axis
Business 10:30
Baku and Abu Dhabi forge a new energy axis
Azeri Light crude slips below $66 a barrel
Business 10:00
Azeri Light crude slips below $66 a barrel
Azerbaijan Central Bank announces exchange rates for Nov. 5
Business 09:30
Azerbaijan Central Bank announces exchange rates for Nov. 5
Anews TV

Our official Youtube channel

Subscribe