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Our Board Member H. Cahit SOYSAL's Article entitled Disclaimer with Exceptional Value was Published on 12.06.2023 in What Kind of an Economy in Its History

Our Board Member H. Cahit SOYSAL's Article entitled Disclaimer with Exceptional Value was Published on 12.06.2023 in What Kind of an Economy in Its History

Today, international trade has changed so much according to technological developments and the new understanding and approaches of supply chain stakeholders that public institutions also feel obliged to adapt the current legislation to these new situations.

Now, in every purchasing operation, customs officers tell the administration, "Look, I bought this product at this unit price. The total cost is this. The customs value over this value is as follows. Let's calculate the import taxes on this value.” he can't say. Sometimes it is not possible to declare the real value of the imported goods to the customs at the time of customs declaration, due to the characteristics of the goods subject to foreign trade and the marketing technique, and sometimes the unusual sales method. In such cases, obliged parties are provided with the opportunity to “declare with exceptional value”.

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