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New special consumption tax regulation for electric vehicles comes into effect: there are cars that will fall by more than 300 thousand!

  • July 7, 2022
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While the SCT rate for electric cars in our country weakened the incentives for electric cars, a bill has been introduced in recent days that could provide a

New special consumption tax regulation for electric vehicles comes into effect: there are cars that will fall by more than 300 thousand!

While the SCT rate for electric cars in our country weakened the incentives for electric cars, a bill has been introduced in recent days that could provide a solution for this. The bag is included in the law in those regulations. electric vehicles SCT rates were redetermined† The proposal was accepted during the vote in the Turkish Grand National Assembly.

With the said regulation, the engine power 10% SCT for vehicles not exceeding 160 kW and with a tax base of less than 700 thousand TL will be applied. 40% for vehicles less than 160 kW but with a tax base of 700 thousand TL or more; It will be determined as 50% for those who are more than 160 kW and whose tax base does not exceed 750 thousand TL, and 60% in the past. The new SCT scheme came into effect after publication in the Government Gazette.

New excise rates on electric vehicles:

renault zoe

  • Those with an engine power of not more than 160 kW
    • 10% SCT if the base is less than 700 thousand TL
    • Above 40% SCT
  • Motor power greater than 160 kW
    • 50% SCT if the tax base does not exceed 750 thousand TL
  • 60% SCT will be applied to all other electric cars that do not fall within these limits.

Although the new regulation is interpreted in the media as an incentive, especially for the domestic car Togg, the problem is really that. much more extensive case. With the above arrangement, except Togg, whose price is not yet known and thus it is impossible to predict in which SCT segment, many electric cars currently sold in our country will receive large discounts. Electric car prices will be more encouraging than market prices. Turkey accepted this in October 2021. Paris Climate Agreement and will help it reach its zero emissions target by 2050. Because the previous SCT update significantly increased the prices of electric cars:

How was the WCT applied under current laws?

  • 10% for vehicles with an engine power of less than 85 kW
  • 25% for vehicles with an engine power between 85 – 120 kW
  • 60% for vehicles with an engine power of 120 kW and more

You can see how much discount the regulation, in effect from today, will bring for any electric vehicle sold in our country, by checking out our content below.

Source: Web Tekno

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