Determined Guarantee Amounts for Tobacco and Alcohol Traders
New Regulation Requires Guarantees from Tobacco and Alcohol Producers
A new regulation issued by the Ministry of Agriculture and Forestry in Turkey is now in effect, requiring guarantees from those involved in the production and trading of tobacco, tobacco products, macarons, cigarette papers, cigarette filters, alcohol, and alcoholic beverages.
According to the regulation, fees will be collected from individuals and entities with facility establishment certificates in the mentioned sectors, as well as those applying for these certificates or taking over production facilities. The amount of the guarantee varies depending on the production capacity of the facility.
For example, in the cigarette category, guarantees range from 40 million lira for facilities with a production capacity of up to 20 billion units per year, to 50 million lira for facilities with a production capacity exceeding 40 billion units.
Similar guarantee amounts are specified for other categories such as macarons, hookah tobacco products, cigars, cigarette papers, cigarette filters, and alcoholic beverages. The total guarantee from entities in these sectors cannot exceed 50 million lira.
The regulation also states that guarantee amounts will be updated if the production capacities of the companies change. Additionally, certain exemptions are applied to public institutions and organizations.
Furthermore, individuals and entities already operating in these sectors are required to provide the necessary guarantees within 90 days to comply with the new regulation.
Overall, the new regulation aims to regulate the production and trading of tobacco, tobacco products, and alcoholic beverages in Turkey by ensuring compliance with specified guarantee amounts.
