The Ministry of Finance has published two General Communiqués for Implementation of Lists (III) and (IV) of the Special Consumption Tax Law number 4760 (the "Law"). The communiqués were published in the Official Gazette on 8 August 2015 and 20 August 2015, respectively. They outline provisions applying to the listed goods, as well as the procedures and principles which must be applied during implementation of the Law.
List (III) of the Law includes:
- Carbonated drinks with kola.
- Alcoholic beverages.
- Cigars and tobacco products.
Carbonated drinks without kola or ethyl alcohol are not included in List (III).
List (IV) of the Law includes a range of goods, such as: cosmetic products, furs, certain glassware, manicure and pedicure tools, gold or silver plated cutlery, air conditioners, heaters, major and small house appliances, electronic items such as mobile phones, speakers, headsets, televisions, cameras, pistols and other incendiary weapons, as well as crystal chandeliers, certain gaming items, caviar and ornaments made of animal materials.
The communiqués specifically address the tax obligation applied to the listed goods, as well as tax exceptions and deductions. They also discuss tax assessment, ratio, amount, authorization and joint liability, as well as the Special Consumption Tax which is collected by Customs Administrations.
The communiqués both come into effect on 1 July 2015. Please refer to the following links for the full text of the communiqués regarding List (III) and List (IV) (only available in Turkish).
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
