Turkey Introduces Additional Financial Liability Levy on Import of Certain Products

Posted by Matt Schmitt on 1/12/18 4:15 PM

On 14th December 2017, the Ministry of Customs and Trade of Turkey issued Decision No. 2017/10926  (O.G 30270 of 14/12/2017) announcing an “additional financial levy” on certain goods originating in Indonesia, India, Sri Lanka, Vietnam, Bangladesh, Cambodia and Pakistan that are imported into Turkey from an European Union (EU) country accompanied by an A.TR Certificate.

 

The additional levy is the difference between the most favored nation (MFN) rate of customs duty and any possible preferential rate of duty applied by the European Union on clearance into free circulation.

 

The Decision will enter into force on 13th January 2018 (30 days from the date of publication).

 

The published decision in Turkish can be found at the link below:

http://www.resmigazete.gov.tr/eskiler/2017/12/20171214-4.pdf

Topics: EU, Turkey

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