Will we calculate VAT in invoice issued for commercial film shot in Turkey and to be sold abroad?  Can we issue invoice in foreign currency? (In Turkey)

We shoot a commercial film in a production company. We will shoot it in Turkey. However, it will be invoiced abroad, and the film will be televised there.

In this case, while the invoice is issued;

1- Will it be subjected to VAT? Will we show 18% VAT in invoice?

2- Will the invoice be issued as foreign currency? Will we write amount of TRY or amount of exchange and currency in the remarks part by issuing invoice of TRY?

1- The sale is in the scope of service export. VAT is not calculated.

2- You will issue the invoice in foreign currency. It is not necessary to write currency in invoice. Accounting record is kept as TRY.

Source: İSMMMO
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