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Last night, there was a sudden change regarding SCT rates and they went into effect. According to the decision published in the Official Gazette, an increase was made in SCT car rates. With the new regulation, the SCT rate for imported luxury cars increased between 60 and 30 percent. With the President’s decision published in the Official Gazette, the Ministry of Finance and Finance issued a regulation based on engine cylinder volume ranges and special consumer tax bases to reduce car imports, which have a high level of negative impact in the current account deficit.
SCT 2020 RATES
1,600 cc six cars that are subject to an excise duty of 60 percent in Turkey, almost all (99.3 percent), while the 1,600 cc and mostly cars are imported. Although there was an increase in the SCT tariffs applied to this group of automobiles, the objective was to support the national manufacturer and the national industry by increasing the duty-free sale price from 70 thousand lire to 85 thousand lire in the area where national production is concentrated, which is less than 1600 cc.
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