The Ministry of Finance has launched a new tariff book – a price index of 8,000 international import items used to determine customs duty rates. The major change is that the revised book includes duty rates for specific products whereas the previous version applied rates to categories. Lowered tariffs on spare parts for locally-assembled products and raw materials for manufacturers have been granted in the new book. The revision process was conducted by a committee composed of members from the ministries of Finance, Trade & Industry, and Revenues along with the Customs Commission. The revisions are compatible with the tariff book used by the World Customs Organisation (WCO), which has 183 members, including Ethiopia.
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 6 , 2021
Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
