Our association was represented by our President Hadi Karasu, our Board Member Müslim Yıldız and our Secretary General Ülkem Genç Yaman at the working meeting where the Ministry of Treasury and Finance listened to the problems of the ready-made clothing and textile sector. The sectoral problems that we brought to the agenda as TGSD within the framework of the feedback from our members are listed below.
PROBLEMS ON THE AGENDA OF THE READY-TO-WEAR AND APPAREL SECTOR
- Delays in VAT refunds
- The proportional Union dues of 1 per thousand of the FOB price specified in the TIM and Unions Law will be reduced proportionally for the textile sector.
- Relieving bureaucratic difficulties in resolving letters of guarantee given to the Customs Administration during imports for limited imports made with the aim of strengthening exports.
- Holding the parties responsible for tax declaration disputes
- Taxpayer's long-lasting offsetting transactions
- E-Seizure system
- Deferment Cancellation Procedures
- The problem of VAT carried forward
- The problem of not revaluing input costs and machinery
- Extension of the employment mobilization period
- Delay in VAT refunds in the “50% immediate refund process”
- Problems arising from the closing date in the declaration of the exchange rate when recording the export invoice
- Costs arising from letters of guarantee held against accumulated VAT receivables
- Writing off severance pay as an expense
- Minimum wage exempted from tax
- The 5% discount provided to employers who pay their taxes regularly should be revised to 5 points.
- Corporate tax should be reduced to 15% for ready-made garment and apparel exporters who provide net foreign exchange income to the country.
- The right to deduct from depreciable assets that are lost should not be restricted.
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