Turkey Ends Fuel Tax Cushion, Phases in Gasoline Tax Increase to Soften Price Jump
22 Articles
22 Articles
Due to the increase in Special Consumption Tax (ÖTV), the retail price of gasoline has risen by 4.27 lira. In the new period that began with the end of the sliding scale pricing system, the ÖTV increase on gasoline will be implemented gradually in November and December, while an increase of approximately 1.48 lira is expected in the price of LPG.
Diesel prices increased by 3 lira 60 kuruş, and LPG prices by 1 lira 45 kuruş. Prices for gasoline, where the highest increase was expected, remained unchanged.
The sliding scale mechanism applied to gasoline has been abolished. Therefore, gasoline prices will increase gradually. Here are the details. Gasoline Special Consumption Tax rates have been redefined: They will increase gradually. Medyascope
The Special Consumption Tax (SCT) rates applied to 95 and 98 octane unleaded gasoline have been redefined by Presidential Decree. Accordingly, the SCT per liter for 95 octane gasoline will be 7.90 lira until October 31, 11.36 lira in November, and 14.8277 lira from December 1 onwards.
A new era began in the fuel market on October 1, 2026. With the end of the sliding scale system, the anticipated massive 12.47 lira increase in Special Consumption Tax (ÖTV) on gasoline was restructured through a phased transition model to alleviate price pressure in the market.
With the end of the sliding scale system, a new period of price increases due to the Special Consumption Tax (ÖTV) has begun for gasoline and LPG. A price increase of approximately 1.48 TL is expected for LPG at the pump. For gasoline, the total tax difference of 12.47 TL will not be reflected all at once, but gradually over three months. Therefore, a price increase of approximately 4.15 TL is expected for gasoline in October, and further increa…
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