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VAT Exemption Extended Until December 31, 2024 For New Machinery And Equipment Deliveries

In accordance with the Industrial Registry Law No. 6948 (In Turkish) of April 17, 1957, which is included in the Article 8 of the Law No. 7201 (In Turkish) published in the Official Gazette No. 30988 dated 24.12.2019 and the provisional article 39 of the Law No. 3065 (In Turkish); the period of VAT exemption applied in the deliveries of new machinery and equipment was extended until December 31, 2022.

Source Mondaq

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