dollars – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 17 Jan 2019 12:24:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Can I pay the domestic supplier in dollars without exchanging 80% of import price? https://www.muhasebenews.com/en/can-i-pay-the-domestic-supplier-in-dollars-without-exchanging-80-of-import-price/ https://www.muhasebenews.com/en/can-i-pay-the-domestic-supplier-in-dollars-without-exchanging-80-of-import-price/#respond Thu, 17 Jan 2019 12:24:37 +0000 https://www.muhasebenews.com/?p=44418  

In accordance with Decree numbered 32 on Protection of the Value of Turkish Currency Law, 80% of export prices must be brought and sold in Turkey within 180 days.

My question is; Is it possible to set off the price of the good that is subject to export and was bought in foreign currency from the export price, by paying the vendor in foreign currency?

 

 

No. Exporter has to exchange the foreign currency. Closing the current account with foreign currency is another transaction.

 

 

 

 

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/can-i-pay-the-domestic-supplier-in-dollars-without-exchanging-80-of-import-price/feed/ 0