amendments have been made to the Official Gazette dated 21.04.2022 and numbered 31816 and the VAT Law Communiqués, the main lines of which are as follows;
1) Two Examples in Subparagraph 1/b8.2 of the Communiqué on Floor Equivalent Constructions have been updated.
2) The Optional Withholding Application has been put into effect. Accordingly, Taxpayers will be able to apply for FULL Decoupling on their sellers, which they have agreed for 1 year by arranging a written contract between them. Taxpayers in connection with this issue Dec the contracts concluded between them and the Seller’s Lists of Taxpayers to the Tax Authorities of the Buyer. As such, Full Withholding begins after notification.
In case of termination, extension or revision of the contract between them, the buyer’s tax office must be notified of the situation before the Dec of the declaration.
3) VAT Withholding has been introduced at the Rate of 4/10 in the Delivery of Iron and Steel Products. after 1.5.2022, a 4/10 Withholding tax will be applied on sales of products made of iron, steel and their alloys. In addition, products manufactured from scrap, other raw materials or mixtures will also be withheld at each sales stage after their initial production. But no withholding is applied to items made of Iron and Steel and its alloy (such as door handle, door, screw, gusset, nail, flange, tongs, elbow, spring, bearing, chain).
4) A refund can be obtained if the manufacturers have VAT that transfers 10% of the export costs. The Loading table and loading amounts will not be considered in these returns.
Manufacturers cannot benefit from this application if they buy and export the product that is ready for the market. But the VAT they are Charged is.they will be able to get them the same way they used to.
For Refund Requests; Standard Return Request petition, Professional Membership Certificate, Manufacturer’s Certificate, Sales Invoice List, Customs Declaration List or GÇB Samples, VAT list to be downloaded in the month of export, VAT List to be downloaded 24 months before the date of export declaration will be sufficient.
Refunds below 10.000 TL are made immediately, refunds above 10.000 TL are made with the Tax Inspection Report, refunds exceeding the YMM Report or the Full Attestation Report issued on time for refunds up to 100.000 TL are made with the Tax Inspection Report.
5) The definition of Retail Delivery has been revised and is the sale of delivered products to those who sell them in kind or after processing, as well as those who use them in businesses. Deliveries made to them are also considered retail delivery if those who sell the products in kind or after processing, as well as those who will use them in the enterprise, are not actually VAT Payers.” it has changed into its shape.
6) VAT Rate for residential buildings whose net area does not exceed 150 m2 in construction licensed before 01.4.2022,
- 1% in places that do not have metropolitan status,
- In metropolitan areas, it will be applied as 1%, 8%, 18%, by the decree of the President of the Republic of Turkey No. 5359 of the BCC No. 2017/13033.
18% is applied to residences whose net area exceeds 150 m.
the VAT Rate for residential buildings whose net area does not exceed 150 m2 in licensed constructions after 01.4.2022,
- 8% if the net usage area is less than 150 m2,
- A KDV rate of 18% is applied for residences with a net use area exceeding 150 m2..
In addition, by the Decree of the President No. 5359
- 8% if the net usage area is less than 150 m2,
- For residences with a net use area exceeding 150 m2, a VAT rate of 18% is applied for the first 150 m2 at a rate of 8% for those over 150 m2..
6306 Sayılı Kanun kapsamında kentsel dönüşüm projelerinde;
- 1% if the net usage area is less than 150 m2,
For residences with a net use area exceeding 150 m2, a KDV rate of 18% is applied for the first 150 m2 at a rate of 1% for those over 150 m2..
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