Through the Council of Ministers Decision no. 2017/10468 published in the Official Gazette dated 28 July 2017, the VAT rate on Liquified Petroleum Gas (LPG) existing under the HS Code 2711.19.00.00.11 has been lowered to 8 % from 18 %. This rate decrease is not valid for the LPG (autogas) used as fuel in motor vehicles. Through the same Council of Ministers Decision; the SCT amounts per kilo were increased on; - propane and butane’s both the liquid and gas forms to TL 1,7780 from TL 1,4940. - Liquified Petroleum Gas (LPG) Others’ existing under the HS Code 2711.19.00.00.11 to TL 1,7780 from TL 1,2100. The concerning Decision containing amendments on VAT and SCT amounts will be enacted as of 1 August 2017. Our explanations provided above include general information on the issue. No responsibility can be claimed against EY and/or Kuzey YMM ve Bağımsız Denetim A.Ş. due to the implications arising from the context of this document or emerging with respect to its context. Best Regards, Kuzey YMM ve Bağımsız Denetim A.Ş. |