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Warning from Minister Muş to grocery stores about discounts: We will impose most severe sanctions

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VAT DISCOUNT TURKEY

Trade Minister Mehmet Muş said that they had taken the necessary measures urgently to achieve the purpose of the regulation on reducing the value added tax (VAT) on food products from 8 percent to 1 percent, adding “The public should have no doubt that we will impose the most severe sanctions on grocery stores that do our citizens wrong“.

Yesterday, President Tayyip Erdogan had announced that VAT on basic food products, which is 8 percent, had been reduced to 1 percent. ”This means a 7 percent discount on food products. We expect the same sacrifice from the food sector.” Erdogan had said.

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