Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Turkey whether by a private individual or a commercial entity.
The valuation method is CIF.
Below table provide the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Turkey :
Duty Rates | Average Duty Rate | VAT | Threshold on goods |
---|---|---|---|
0% to 145% (Some electronic products are duty free) | 6.02% | ST=18% VAT = ST * (CIF + special duty consumption taxTax paid which is based on the price of services or goods, e... + agricultural funds + housing fund) |
if FOB is less than EUR75 then duty and VAT are exempted |
- Special Consumption TaxTax paid which is based on the price of services or goods, e... is levied at different rates on certain products on the sum of the CIF value and duty.
- Agricultural Fund is a taxA fee imposed by a government on personal or corporate incom... charged on several agricultural products.
- Mass Housing Fund is a taxA fee imposed by a government on personal or corporate incom... charged on some fisheries products.
More information on special consumption tax : Special consumption Tax