The additional tax on the motorcycle increased by 10 percent, and the additional tax on the total increased to 30 percent.
Following the decline of the sector with the effect of the corona virus (Covid-19) epidemic of the motorcycle sector and the increasing exchange rates, the additional customs tax, already enforced by the Decree No. 21 published on the Official Gazette No. 2020 on April 31106, 2430, has increased by 20% and increased by 10%. was brought to. An additional 30% tax on Far Eastern products was announced to be valid until September 10, 30. All motorcycles motorcycle industry leaders gathered after the announcement that coverage can be imported as an emergency until the end of this month, produced motorcycles arrival in Turkey found that 2020-3 months of time, symptoms.
Is it possible to import motorcycles in a month?
The leaders of the motorcycle sector stated that it was not possible for motorcycle orders from the Far East to enter Turkey within 1 month in terms of logistics, but that motorcycles manufactured in February could be ready to enter Turkey. They also reminded that production in the Far East had already completely stopped in February and March, and stated that if it was ready, it would be a miracle. The motorcycle sector, which shrank in the face of decreasing demand due to the coronavirus outbreak, was being crushed not only by the outbreak but also by increasing high exchange rates. When the new additional customs duty was added to this, the hopes of the motorcycle sector were further dashed.
56 Percent Tax Burden
* Taxes paid for a motorcycle below 250 cc increase the additional customs tax to 30%, respectively, and 8% SCT and 18% VAT are added to this rate, and 56% of the total tax is reflected to the consumer. So, a motorcycle with a price of 5.000 TL excluding taxes comes to 8.284 TL when all taxes are added. In this case, 3.284 TL consumer pays taxes.
* This ratio is even worse for motorcycles over 250 cc. As it is known, SCT is applied as 250% instead of 8% in motorcycles over 37 cc. With the same calculation, the price of a motorcycle over 5.000 cc with a tax-free price of 250 TL reaches 10.508 TL.
