Effective date of fuel excise duty increase and price per liter of petrol and diesel.
An Increase in Excise Duty on Fuel Published in Official Gazette
The decision to increase the Special Consumption Tax (SCT) on fuel has been officially announced in the Official Gazette. According to the new regulation, certain fuel products will see a 5 lira increase in SCT.
This increase in excise duty aims to generate more revenue for the government and to support various infrastructure projects. While the exact details and implementation of the increase are yet to be provided, it is expected to have an impact on the price of gasoline and diesel.
The decision comes as a response to the growing demands for funds to support public investments and improve the country’s infrastructure. However, it is also likely to have an effect on consumers’ wallets, as the increase in SCT will eventually lead to higher fuel prices.
The government has not yet announced the date when the SCT increase will come into effect. It is important for consumers to stay updated on this information to anticipate any changes in fuel prices.
It is advisable for consumers to be prepared for potential increases in transportation costs, especially for those who heavily rely on vehicles for commuting. Additionally, sectors such as logistics and transportation may also face challenges as they adjust their budgets to accommodate the increased fuel expenses.
As the date of implementation is yet to be determined, it is worth keeping an eye on any updates or announcements from the government. Being informed and proactive can help individuals and businesses make necessary adjustments to their financial plans.
In conclusion, the increase in SCT on fuel is now official, and consumers should expect a 5 lira rise in certain fuel products. While the exact impact on fuel prices and the date of implementation are still unknown, vigilance and staying informed will be essential in navigating the potential effects on transportation and overall expenses.
