The Department of Trade under the Ministry of Commerce has announced that, effective 1 January 2025, only five import categories, encompassing 685 tariff lines (HS Code – 10 Digit), along with raw materials imported on a Cutting-Making and Packaging (CMP) basis and related equipment, will be eligible for customs warehousing.
The move narrows down the previously allowed scope, as outlined in Export-Import Bulletin 2/2024 dated 30 May 2024, which permitted 1,100 tariff lines in four categories to be stored in customs warehouses without an advance import licence. This broader provision remains valid until 31 December 2024.
Under the new regulations, the approved import categories for customs warehousing include:
- Pharmaceuticals (110 tariff lines)
- Electric vehicles (EVs) meeting the National-level Leading Committee’s Standard Grade and specific commercial vehicles (12 lines)
- Industrial raw materials and chemicals (539 lines)
- Food raw materials (24 lines)
- CMP raw materials and related equipment
Notably, CMP raw materials and related equipment have already been allowed for customs warehousing since 1 December 2024. Private-use electric vehicles exceeding the committee’s standard grading may be kept in bonded warehouses until 31 January 2025. However, customs warehousing rules for taxis, public buses, and other vehicles remain unchanged.
The Department of Trade emphasised that all approved items must adhere to specified rules and regulations, ensuring streamlined processes and compliance with the revised framework.
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