Excise Tax Reduction for Hybrid Cars

Last updated: 5 November 2017
Excise duties are set depending on the engine type, the cylindrical capacity, and the year of its manufacture. Starting with 1 January 2017 the cars grading into 7 categories: 0-2 years, 3-4 years, 5-6 years, 7 years, 8 years, 9 years and 10 years. For hybrid cars, the excise rate was reduced by 50%. For vehicles with the truck status, 20% VAT is applied on import.

Want to know more about this policy ? Learn moreLearn more

End uses covered
  • Transport end-uses
  • Freight transport