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The increase in the SCT on cigarettes and alcohol has been announced

The rate of increase in the SCT taken from the cigarettes and alcohol group was 47.39 percent. The list prepared according to the mentioned...

The increase in the SCT on cigarettes and alcohol has been announced
Yazar: James Gordon

Yayınlanma: 4 Ocak 2022 00:11

Güncellenme: 12 Kasım 2024 19:54

With the announcement of the inflation data, the rate of increase in the Special Consumption Tax (SCT) taken from the cigarettes and alcohol groups became clear. Accordingly, the rate of increase in SCT for the products in question was 47.39 percent. The weight of alcoholic beverages and tobacco products in the inflation basket is 4.87 percent. Cigarettes account for 4.56% of this rate. With the President's decision published in June, the special consumption tax on cigarettes and alcoholic beverages remained constant between the months of July and December. With the decision of the President, the minimum fixed tax amounts specified for the goods in the SCT (III) list in the 12th article of the Special Consumption Tax Law between January and July at the rate of change in the producer price index announced by TÜİK in the last 6 months will be valid from the date of the announcement of this change. It was decided not to apply the provision for the July-December period.
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