/EN

The Ministry of Finance: From July 1, the finished automobile tax rate of 25% and 20% will be reduced to 15%

Release time:2018-05-29 Click times:112

In order to further expand the reform and opening up, promote the structural reform of the supply side, promote the transformation and upgrading of the automobile industry and meet the consumption demand of the people, since July 1, 2018, the import duties of finished automobile and spare parts are to be reduced. The 135 tax numbers with finished automobile tax rate of 25% and 4 tax numbers of 20% are to be reduced to 15%, and the 79 tax numbers with spare parts tax rate of 8%, 10%, 15%, 20% and 25% are to be reduced to 6%.