INWARD PROCESSING REGIME
Inward Processing Regime is a system that provides customs exemption to raw materials or inputs that are required by exporting companies to produce export products and are imported, and therefore subject to import customs duty.
Purpose of Inward Processing Permit Certificate;
To reduce product input costs by allowing materials that cannot be supplied domestically, or whose production is insufficient and not of sufficient standards to be brought from abroad within the scope of customs exemption, to support exports, to gain power in the international market in the export market,
To be able to supply inputs at international market prices,
To gain competitive power,
To develop the export market and to provide export product diversity.
Application Requirements
In order to obtain an inward processing permit certificate; it is necessary to be a manufacturer that can document with a capacity report.
Only an exporter-importer company can obtain an Inward Processing Permit Certificate provided that it works with a subcontractor and uses the subcontractor's capacity report.
The export product subject to the document can be produced completely by the enterprise holding the document, or it can be produced partially and turned into a finished product through a subcontractor and exported through the document itself or through another company.
Companies located in the Turkish customs area (excluding free zones) can apply.
It varies within the framework of the processing processes of the product subject to the application.
Advantages of Inward Processing Permit Certificate
Exemption from customs duty, VAT, SCT and other taxes and funds in imports,
Tax, duty and fee exemption, KKDF exemption,
Not subject to trade policy measures,
Domestic purchases can be made within the framework of the Deferment-Cancellation system in VAT,
Domestic sales and deliveries can also be made in addition to exports,
It can be counted as a guarantee discount regarding the taxes to be collected in imports.
