In the written statement made by the Ministry of Treasury and Finance, it was stated that the SCT on fuel products was increased for two reasons.
It was stated that with the increase in SCT, it was aimed to reduce the effect of the additional costs caused by the earthquake on the budget.
Despite the increases in international oil prices and exchange rates, it was noted that almost no tax increases have been made since 2016. It was stated that the SCT amounts melted in the face of inflation due to the fact that they were fixed.
It was stated that while the rate of taxes in the sales price of gasoline, diesel and LPG, including VAT, was over 50 percent in 2016, this rate remained at 38.5 percent despite the recent increase.
It was underlined that despite the increase in SCT, Turkey is the 4th cheapest country in Europe in gasoline and diesel.