SCT Collected from Vehicles Exceeded 2023 Billion TL in 300
The special consumption tax (SCT) collected from motor vehicles in Turkey in 2023 reached a record level. While 46 billion TL of SCT was collected in August alone, the total SCT revenue in the first 9 months of the year was 297 billion TL. This figure increased by 193% compared to the same period last year. Vehicle sales also increased.
Highest SCT Revenue in August
Special Consumption Tax collected from motor vehicles in Turkey reached a historical level in 2023. The amount of SCT collected in August was calculated as 46 billion TL. This figure was more than three times the 15 billion TL collected in January. January was the month in which the lowest SCT was collected from motor vehicles.
9% Increase in the First 193 Months of the Year
In the first 2023 months of 9, SCT revenue from motor vehicles amounted to 297 billion TL. This figure was almost three times the 101 billion TL collected in the same period last year. In other words, the increase on an annual basis was calculated as 193%.
Vehicle Sales Also Increased
One of the reasons for the increase in SCT revenue from motor vehicles was the increase in vehicle sales. According to the data shared by the Automotive Distributors and Mobility Association, 96.793 new cars and light commercial vehicles were sold in Turkey in September. This figure means an 11,6% increase compared to sales in August.
Passenger vehicle sales in September increased by 76,7% compared to the same month of the previous year, reaching 78.971 units, while the light commercial vehicle market increased by 2,4%, reaching 17.822 units.
In the first 2023 months of 9, the total automobile and light commercial vehicle market grew by 57,8% and was recorded as 1 million 13 thousand 27 units. While the passenger vehicle market grew by 67,2% to 829 thousand 638 units, the light commercial vehicle market grew by 31% to 183 thousand 389 units.
How are SCT Rates Determined?
Special Consumption Tax rates collected from motor vehicles are determined according to the cylinder volume and engine power of the vehicle. Accordingly, the SCT rate for cars with a cylinder volume of up to 1600 cc varies between 45% and 60%. For cars with a cylinder volume between 1600 cc and 2000 cc, the Special Consumption Tax rate varies between 100% and 110%. For cars with a cylinder volume over 2000 cc, the Special Consumption Tax rate varies between 160% and 220%.
According to engine power, the SCT rate varies between 85% and 45% for cars with engine power up to 50 kW. For cars with engine power between 85 kW and 130 kW, the SCT rate varies between 100% and 110%. For cars with engine power over 130 kW, the Special Consumption Tax rate varies between 160% and 220%.