Import of a product to Turkish customs territory has many requirements that should be assessed in detail. Obtaining permissions from related authorities, paying applicable import taxes, warehousing in/out customs zone and many other issues should be considered to both be in line with the legislation and be conducted feasibly taking the business needs into account. Therefore, customs regulations perspective is an important factor on structuring the import & export operations of a company.
Customs Tariff (HS Code): Turkey is linked to EU with the Customs Union Agreement which has entered into force on 31 December 1995. Accordingly, 8 digit HS Codes used in determining the customs tariff of a product in EU are also used in Turkey. However, in Turkey 4 additional digits used (12 digits in totla) for customs tariff classification to define more detailed specifications of import/export products.
Customs tariff classification is one of the major criteria to determine applicable taxes, permissions, analysis requirements etc. of an import product.
Customs Value: Customs Value defined in the Customs Code is determined as the base value to applicable taxes on importation. This value is normally defined as the transaction value including freight and insurance charges until Turkish customs zone. However, in some special cases, other value determination methods could be used instead of transaction value.
Please do not hesitate to contact us about all your customs related questions.