Amendment to the Special Consumption Tax Law

With Presidential Decree No. 10363, published in the Official Gazette dated September 6, 2025 and numbered 33009, the special consumption tax rates on certain goods listed in Schedule (II) annexed to Law No. 4760 on Special Consumption Tax have been redefined. The goods subject to amendment and the applicable rates effective as of the enforcement date are as follows:

• HS Code No: 8901.10.10.00.11 Pleasure vessels not exceeding 18 gross tons (intended for navigation at sea): %8
• HS Code No: 8901.10.90.00.11 Passenger and pleasure vessels (not intended for navigation at sea): %8
• HS Code No: achts and other vessels for pleasure or sports; rowing boats and canoes: 8%
  (excluding inflatable ones, those not exceeding a unit weight of 100 kg, rowing boats, and canoes)
  •  Yachts, motorboats, boats, and excursion ships %8