New Vehicle / Car Excise Tax Rates in Ethiopia Latest News

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New car / vehicle excise tax rate for new cars to be reduced from 30% to 5%

According to the new changes to be introduced to the amendment, an excise tax levy which was proposed on imported new vehicles (cars with production dates not exceeding two years) and with engine capacity of 1300 horsepower and less was to be reduced from 30 percent down to 5 percent, according significant cost advantage to local car assembles and new car importers.

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Products and Services in Ethiopia

Date: Apr 19, 2023
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)54.067955.1493
EuroEuro(EUR)59.344960.5318
Pound SterlingPound Sterling(GBP)64.213165.4974
UAE DirhamUAE Dirham(AED)13.323413.5899
Saudi RiyalSaudi Riyal(SAR)13.045613.3065
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