Amendment on the Inward Processing Regime Communique (Export: 2006/12) (Export: 2026/2)
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law offers businesses in Turkey a time extension for closing accounts on import processing permissions issued before a certain date. If companies apply within six months, they may receive an extension of up to half the original duration for most goods or up to one month for specific tariff categories. This change affects how businesses manage their import-export operations and requires timely application for extensions.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Extension granted for closing import processing accounts
- Specific provisions for different tariff categories
- Requires application within six months of enactment
Obligations
What this law requires
Businesses that have not closed export commitment accounts must apply to the Ministry for an extension within six months from the enforcement date of the new regulation.
If the application for an extension is approved, businesses will receive an extension of up to half the original duration of the permission, with a maximum additional time of three months, except for specified tariff categories.
For specific tariff category goods (7108, 7112.91, 7113.19), businesses must apply for an extension within six months from the enforcement date, and if approved, a maximum additional time of one month will be granted.