Ouraset

Turkey: New Import and VAT Taxation for Vacuum Tubes

Submitted by Baerbel Epp on Fri, 07/29/2011 - 18:00.

The Turkish Ministry of Economy has introduced a new calculation method for import taxes and the VAT on imported vacuum tubes. The ’Protection and Inspection Tax’ (Korunma ve Gözetim Vergisi) was made official in the ‘Public Gazette’ and has been in place since 6 July 2011. The new regulation assumes the price of a vacuum tube to be at 6 USD/kg, even if the real price is much lower. The import tax of 1.9 % and 18 % VAT are both calculated based on this assumed price. With an estimated weight of 1.6 kg per tube, import tax and VAT add up to USD 1.9 per tube. That means that the new regulation significantly increases the price of a vacuum tube, which is said to cost between two and three US dollars.

Turkey: Industry discovers Space Heating and Process Heat

Submitted by Baerbel Epp on Thu, 05/20/2010 - 19:51.

 Solar shop of Solimpeks The picture shows the solar shop of Solimpeks and the office building for the engineers of the Seiso subsidiary, which is responsible for large-scale projects. Turkish solar thermal manufacturers increasingly establish separate companies to handle hotel installations or process heat applications. Photo: Ina Röpcke