ACCOUNTING OF TRANSIT TRADE AND TRANSIT TRANSPORTATION ACTIVITIES AND EVALUATION THESE IN TERMS OF VALUE ADDED TAX

EXTENDED ABSTRACT Transit transportation is providing transportation service with the aim of delivering a good receiving it from the seller and transporting over the third countries in compliance with the international transportation regulations. In the literature, the term of logistics is being used more often instead of transit transportation, transportation of equipment and personnel, supply, maintenance and renewal of military equipment. Logistics terms consist of transportation, storing, stock tracking, loading, discharging, order processing, packaging, purchasing and information processing activities. Logistic activities allow suppliers to sustain long-term commercial activities based on win-win relation. In such case, it creates a performance increasing effect for the businesses and provides loyal customers to businesses. Many successful businesses take competitive advantage as a result of logistic activities. Transit transportation is getting confused with transit trade in practice. But mainly these two activities are separated in some extents in practice. One has international trade good purchase and sale. The other has the service of transportation. Transit transportation is providing transportation service with the aim of delivering a good receiving it from the seller and transporting over the third countries in compliance with the international transportation regulations. In our study; Transportation that begins in Turkey and ends in abroad, transportation that begins in Turkey and ends in Turkey and transportation that begins in abroad and ends in Turkey were evaluated in terms of accounting and value-added tax (VAT). It is a must to make money transfers via banks for the transit trade. Provisions of import foreign exchange are applied for the issue of transit trade purchase invoice and payment of invoice amounts, and provisions of foreign export exchange are applied for the issue of sale invoice and collection of sales revenues. Selling rate of exchange is applied for transit trade purchase invoices and buying rate of exchange is applied for sale invoices. Delivery of the goods of which transit regime in customs regulations are applied on exempts from VAT. Delivery of goods abroad and services both performed and get benefited abroad are not under the topic of VAT. The VAT cannot be calculated over the operation that is not performed in Turkey. Customs the Declaration Form relating to good subject to transit trade is issued with different code. Sales of goods in transit trade are certified with an invoice. These are not under the topic of