Turkey Gazettes Decision Determining VAT Rate for Medicinal Products

The Turkish Official Gazette Nov. 14 published Presidential Decision No. 9126, determining VAT rates for medicinal products. The decision includes measures amending the list of VAT rate goods by adding: 1) foods for special medical purposes and human medicinal products licensed or permitted to be imported; 2) active substances in the composition of human medicinal products and related raw materials; and 3) goods subject to a special consumption tax and Turkish Customs tariff. The decision enters into force Nov. 15. [Turkey, Official Gazette, 11/14/24]

Reference:
View Presidential Decision No. 32722. View Index.