Customs Duty Exemption

Investment machinery and equipment imported within the scope of the incentive certificate will be exempted from customs duty set in the Import Regime Decree. Customs duty rates based on relevant Chapters are shown in the attached lists of “Decree on Import Regime”.

Customs Duty Exemption Example

If the project is customs duty exempt, an investor importing machinery and equipment worth of 30,000,000 TL within the scope of investment incentive certificate will have a saving around 600,000 TL.

Customs Duty Exemption Amount = (Amount spent for Imported Machinery and Equipment) x (Customs Duty Rate*)                                                                 = 30,000,000 TL x (%2)
                                                              = 600,000 TL
* The Customs Duty rate stipulated in the Import Regime Decree depends on the country, while 2% can be considered as the average rate.