SCT Regulation to Support Domestic Automobile

While the impact of climate change continues to increase without slowing down, moves continue for a sustainable future in the automotive industry, which plays an important role in carbon emissions. Many automakers rather than conventional vehicles electric carsis putting it on the market.

It will be Turkey’s first domestic car TOGG are among these tools. It would not be wrong to say that the days are numbered for TOGG, which is eagerly awaited by many. Incoming statements showed that the vehicle, which was a matter of great curiosity, especially what its price would be, would be released at the beginning of 2023. Now, there has been an important development that closely concerns electric vehicles and domestic automobiles in our country.

SCT regulation to support TOGG

993b349f001d4dbaa978963a7e640fc855ea59f8

According to the news, during the negotiations on topics such as 3600 additional indicators, changes in the Special Consumption Tax (SCT) of electric vehicles came to the agenda. According to this Not exceeding 160 kW and SCT base below 700 thousand TLtax on vehicles 10% will be applied. This is the domestic car will support the productionspecified.

While it was stated that the proposal was given by the AKP, the Party’s Group Deputy Chairman Mustafa Elitaş also spoke about the arrangement. Elitaş stated that this practice was terminated in 2021, as competition was damaged, considering the high-priced vehicles in electric cars without SCT; He stated that for this reason, they went to the SCT reduction. In addition, domestic production more attractiveIt was also stated that it is aimed to bring

In addition to these, it was stated that with the regulation, the tax rate will be 40% for vehicles under 160 kW but with a tax base of 700 thousand TL. In addition, those whose tax base does not exceed 750 thousand TL over 160 kW is tax deductible. 50%in excess of this amount 60% reported as determined. The currently valid rates are applied as 10% for those not exceeding 85 kW, 25% for those between 85-120 kW, and 60% for those above 120 kW.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *