Turkey revised the VAT rates for medical products, special-purpose foods, and telecommunications equipment and related devices through Presidential Decision No. 9126 on Thursday, 14 November 2024.
This decision establishes that the VAT rate for special medical-purpose foods approved by the Ministry of Health or allowed for import will be set at 10%.
Moreover, if these special medical-purpose foods, along with human medical products and the active ingredients, or the raw materials used to produce these active ingredients, are listed under Annex (I) of Council of Ministers Decision No. 2007/13033, they will also be subject to the same 10% VAT rate.
Additionally, the decision includes a provision at the end of item 22 in Annex (II) that mandates the general VAT rate of 20% for the import and delivery of goods subject to special consumption tax, as well as goods listed under position 85.17 of the Turkish Customs Tariff Schedule. (GIB)
The Decision was published in the Official Gazette on 14 November 2024, and came into force on the same day.
