LAST MINUTE: The number of installments on television, appliances, furniture and jewelry has been reduced



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The Regulation of Modification of the Regulation of Principles and Norms of Application in the Retail Trade, elaborated by the Ministry of Commerce, entered into force after its publication in the Official Gazette.

As a result, installment sales for consumers by retail companies were reorganized.

THE PRICE IS OF MORE THAN 3,500 LIRAS ON TELEVISION, UP TO 4 QUOTAS

The payment period for the sales of electronic items such as video, camera and sound system and the sales of televisions with a price above 3,500 lire has been reduced from 6 months to 4 months.

THE PERIOD OF 6 MONTHS WILL CONTINUE ON TABLET

For tablet products, the number of installments has not changed. The tablet sales period will continue to be 6 months.

ELECTRICAL PRODUCTS WILL NOT EXCEED 12

The limit on the number of quotas, which was previously 18, will not exceed 12 on sales of electrical items such as refrigerators, washing machines, dishwashers and household appliances.

THE TERM BY AIR CONTINUES AS 18

The number of fees will continue to apply as 18 for internal expenses related to airlines, travel agencies and accommodation.

UP TO 6 MONTHS IN GOOD SALES

Previously, the delivery period could not exceed 8 months in sales of printed and bullion-free jewelry by retail businesses, this period has been shortened to 6 months.

The Banking Regulation and Supervision Agency (BRSA) announced on December 18 that the payment terms of credit cards for such expenses were reduced.

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