- Ministry of Finance in Ethiopia rescinded all VAT exemptions previously granted
- Exceptions include exemptions under specific articles of VAT Proclamation and Regulation
- New directive exempts selected cereals, pulses, agricultural inputs, cooked foods, select capital goods, and medical items from VAT
Source: ensafrica.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.
Latest Posts in "Ethiopia"
- Ethiopia Expands VAT Registration to Include More Taxpayers with New Income Thresholds
- Ethiopia Imposes Compulsory VAT on Businesses with Over 2 Million Birr Revenue, New Exceptions Apply
- Ethiopia Expands VAT Registration to Boost Tax Compliance and Revenue Collection
- Ethiopia Imposes VAT on Over-the-Counter Medicines, Enforcing Compliance Among Pharmaceutical Companies
- Ethiopia’s VAT Strategy: Prioritizing Administration Over Rate Increases for Economic Stability
