- Ethiopia’s Ministry of Finance has released Directive No. 1006/2024, changing VAT exemptions
- Effective from 20 June, 2024, all goods and services previously exempt will now be subject to VAT
- Exceptions include items specified under specific articles of the Value Added Tax Proclamation and Regulation
- Exemptions under the new directive include selected cereals and pulses, agricultural inputs, cooked or prepared foods and drinks, select capital goods and medical items
- Exemptions still apply for goods and services covered by international agreements
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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