KDV (Turkish VAT)
Also called: Katma Değer Vergisi
Türkiye's value added tax, levied under Law No. 3065 at a general rate with reduced rates for certain goods. On import it is collected by customs on a base including the customs value, customs duty, additional duties, ÖTV and certain other charges.
In practice
Import KDV is generally deductible for registered businesses, but under some incentive certificates it can be exempted at import, which helps liquidity.
Applies to: 
Türkiye
Related terms
- Import VAT
- Value added tax charged on goods when they enter a VAT territory, collected by customs together with duty. Its base is normally the customs value…
- ÖTV (special consumption tax)
- A Turkish excise-type tax under Law No. 4760, applied once to specific goods listed in its annexes, including fuels, motor vehicles, alcohol, tobacco…
- Additional customs duty (İGV)
- An extra duty levied by Türkiye under the Import Regime Decree on many products from countries outside the EU, EFTA and its FTA partners. It is…
- KKDF
- A Turkish fund levy charged on imports financed with credit or on deferred payment terms such as acceptance credit and deferred payment. The rate is…