The Ministry of Commerce’s “Regulation on Amending the Regulation on the Procedures and Principles Regarding Payments Made from the Support and Price Stabilization Fund within the Scope of State Aids for Exports” was published in the Official Gazette and entered into force.
With the regulation, a change was made in the examination and audit procedure regarding the payments in question.
Accordingly, the ministry will carry out examinations and inspections by investigative organizations regarding the support payments made from DFIF within the scope of state aid for exports. The inspections will be carried out by the Guidance and Inspection Directorate of the Ministry of Commerce.
Previously, it was essential that inspections were carried out by the Foreign Trade Controllers Board.
Editing tax, duty and duty exemption documents
The 6-month period for the creation of works and transactions for tax, duty and fee exemption documents in the physical environment has been increased to 9 months.
The Ministry of Commerce’s “Communiqué on Amending the Communiqué on Exemption of Taxes, Duties and Fees for Exports, Transit Trade, Sales and Deliveries Considered as Exports, and Foreign Exchange Earning Services and Activities” was published in the Official Gazette and entered into force.
The Communiqué covers the determination and implementation of the application procedures and principles of tax, duty and duty exemption in exports, transit trade, sales and deliveries deemed as exports, and foreign exchange earning services and activities.
The previous regulation included that works and transactions regarding tax, duty and fee exemption documents could be completed in the physical environment until March 31, 2020, and if deemed necessary, this period could be extended by up to 6 months by the Ministry.
