What is a Trade Exemption Certificate?

What is a Trade Exemption Certificate? What does it do and where does it come from? Without opening up a business, without using machinery and materials that can manufacture industrial types or series at home, with their own manual labors, those who sell products over the internet and similar electronic media can benefit from the exemption of trades. Trade Exemption Document It is called.
Trade Exemption Document Income Tax Law 9. The article contains relevant regulations. Detailed statements are included in the General Communique on Income Tax No. 314.

What Are the Conditions for Benefiting from Trade Exemption?

In order to benefit from the exemption;
; They manufacture towels, cloths, sheets, socks, carpets, rugs, woven mams, trimmed leather, mams, knitting, lace, all kinds of embroidery and touristic goods, wickers, baskets, brooms, mops, brushes, making flowers, stamps, sequins, beads processing, crochet works, yarns and rugs, tarhan, noodles, noodles, etc.
; Except for sewing, embroidery, kitchen robot, ironing, etc. used in houses, and tools, the use of machinery and tools capable of industrial type or mass production,
; not employing outside workers,
; Selling the products without opening the workplace,
; that the products are not sold by market tracking,
; Non-sold in kermes, festivals and fairs organized by income and corporate taxpayers due to commercial, agricultural or or or professional activities of the products,
; Non-subject to real-time income tax due to commercial, agricultural or professional gain,
; Not to do the activity in a manner that is a commitment to income and corporate tax payers,
required.

Is It Possible to Sell These Products Online, Director?

It is possible for those who benefit from trade exemption to sell the products they produce in their homes by taking advantage of trade exemption in electronic environments such as the Internet and so on.

Is There a Sales Product Limit for Exemption?

In order to benefit from exemption, the amount of sales carried out during the year through the Internet and similar electronic media must not exceed the annual gross amount of the minimum wage valid during the relevant year. The amount applies to the total sales amount of all products, not separately for each type of product of the seller. This amount for 2023 120.096 TRYIt is.

If the sales made during the year exceed the annual gross amount of the minimum wage valid in the relevant year, the trades exemption will be lost and there will be an income tax liability as of the beginning of the following calendar year.

How Will Those Who Benefit from Craft Exemption Arrange Documents in Product Sales?

Those who benefit from trade exemption have no obligations in the sale of the product, such as arranging documents, keeping books, or making declarations. Those who benefit from this exemption shall have their documents relating to the expenses they have been issued and the goods and expenses they have purchased in relation to their activities provided for in the Tax Procedure Law. 5 years They are required to store throughout

Where to Get Trade Exemption Certificate?

Those who meet the requirements for the exemption can obtain the document, also known as the Trade Tax Exemption document, by petitioning the tax offices where their residence is located. The receipt of this document is optional and no fee is paid during the purchase of the document.

IB For an example of a ready petition click here

To download Guide to Trade Exemption in the Sale of Products Made in IB Homes over the Internet Guide

Related Official Gazetteto reach click here