Number: 33

Date: 03/03/2020

Title:Regulation introduced to meet the cash refund requests for some goods in the list (I) attached to the SCT Law within the scope of the "Special Guarantee Certificate".

Amendments have been introduced to the Special Consumption Tax List (I) General Implementation Communique through the Communique series no.7 published in the Official Gazette dated 3 March 2020.

The Communique contains explanation on the implementation of "Special Guarantee Certificate", certificate types, requirements for taxpayers intending to obtain this certificate, the amount of collateral needed for cash refund within this scope, number of days the refund requests will be met during the transactions to resolve manufacturing taxpayers' collateral given to the customs administrations during the import by the tax offices and in performing the cash refund requests in general.   

The Communique also contains explanation regarding the declaration of SCT on “Liquefied Propane” deliveries to be used in propylene production in polypropylene production facilities on which the SCT amount reduced to zero under the Presidential Decision no.1542.

The provisions of the Communique on the liquefied propane deliveries have been enacted as of its publication date while the remaining arrangements will be effective from 1 May 2020.

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.

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