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: Jan 20, 2022
Currency (Code)Buying RateSelling Rate
US DollarUS Dollar(USD)49.572850.5643
EuroEuro(EUR)56.503157.6332
Pound SterlingPound Sterling(GBP)64.598265.8902
UAE DirhamUAE Dirham(AED)12.212712.4570
Saudi RiyalSaudi Riyal(SAR)11.957212.1963
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