Additional tax on imported tires

Dünya Executive - - OVERVIEW -

Imported tires used in cars, buses, trucks, light commercial vehicles, agricultur­al vehicles and heavy duty machines are now subject to additional customs duties. With the new tax introduced to support domestic production, imported tires will be subject to additional 50 cents per kg customs. In this case the cost of a tire weighing 10 kg will increase 25 TL. According to the figures obtained imports of automobile tires in Turkey increased by 11 million units and imports of truck tires increased by 250 thousand units. Top exporting country to Turkey of tires is Romania. It is stated that the cost increase in the tire, which is one of the most important expense items of the Turkish automotive industry, will affect the sector.

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