Postponement of customs duty on iron and steel

The effective date of the customs duties to be applied on iron and steel products has been postponed to early May The effective date of flat-rolled products of alloyed or non-alloyed iron and steel, which was regulated by the Presidential decree published in February but was later postponed to April 1, has been postponed once again. According to the Presidential decree published in the Official Gazette, the effective date of customs duties on flat-rolled products of alloyed or non-alloyed iron and steel according to their country of origin has been changed to May 1. Within the scope of the Presidency’s import regime decree dated January 28, the customs duties on flat-rolled products of alloyed or non-alloyed iron and steel included in customs tariff statistical positions (GTİP) numbered 7208 and 7212 and GTİPs numbered 7225 and 7226 were arranged at rates ranging from 0 percent to 20 percent according to their country of origin. The customs duty rates regulated by the decree were aimed to enter into force on the 30th day following the publication of the decree. In the footnotes of the decision, it was decided that these customs duties would be applied as 13 percent and 15 percent for a temporary period for some production facilities and would be subject to end-use provisions.