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Decision to Increase SCT Rate in Electric Vehicles

A decision was made to increase the SCT rate in electric vehicles. The decision in question was published in the Official Gazette.

Decision to Increase SCT Rate in Electric Vehicles
Yazar: Elif Dinçer

Yayınlanma: 2 Şubat 2021 10:06

Güncellenme: 21 Aralık 2024 16:55

Decision to Increase SCT Rate in Electric Vehicles

A decision was made to increase the SCT rate in electric vehicles. The decision in question was published in the Official Gazette.

A decision was made to increase the SCT rate in electric vehicles. With the Presidential decision, the special consumption tax (SCT) applied to electric vehicles was increased at different rates. With the Presidential decree, SCT was increased for the electric vehicle types included in the list number II attached to the Special Consumption Tax Law No. According to the said decision, the special consumption tax rate was increased from 3 percent to 10 percent for electric vehicles whose engine power does not exceed 85 kW, from 7 percent to 25 percent for electric vehicles with engine power exceeding 85 kW but not exceeding 120 kW increased from 15 percent to 60 percent in electric vehicles whose power exceeds 120 kW. According to the data shared by Automotive Distributors Association, Turkey has carried out 844 electric vehicles in the auto market sales in 2020. Electric car sales increased by 280.2 percent in 2020. The share of electric and hybrid cars also increased from 3.2 percent to 3.8 percent. In 2019, 222 electric cars were sold.
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