Amendment to the Customs Settlement Regulation
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The regulation raises the monetary threshold in the Customs Settlement Regulation from 3,000,000 Turkish lira to 7,000,000 Turkish lira. This affects businesses and individuals involved in customs disputes where settlement procedures may apply. Applications filed before the change took effect will continue under the old 3,000,000 lira threshold. New applications will be assessed under the updated 7,000,000 lira threshold from the publication date.
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Key Changes
- Raises the customs settlement monetary threshold from 3,000,000 Turkish lira to 7,000,000 Turkish lira
- Keeps the old threshold for applications filed before the amendment took effect
- Applies immediately from the publication date
Obligations
What this law requires
For customs settlement applications submitted on or after 18 June 2026, apply the updated monetary threshold of 7,000,000 Turkish lira under Article 9(1) of the Customs Settlement Regulation.
For customs settlement applications submitted before 18 June 2026, continue applying the Article 9(1) monetary threshold that was in force on the application date, namely the prior 3,000,000 Turkish lira threshold.