Do 150cc motorcycles require purchase tax?
2 Answers
150cc motorcycles currently do not require purchase tax. As long as the motorcycle is registered after July 2019 and has an engine displacement below 150CC, no purchase tax is required, whether it's a new or used vehicle. Relevant information about vehicle purchase tax is as follows: Introduction: Vehicle purchase tax is a tax levied on units and individuals purchasing specified vehicles within the country, evolving from the vehicle purchase surtax. Tax payment location: For taxable vehicles requiring registration, tax should be declared and paid to the competent national tax authority at the vehicle registration location; for taxable vehicles not requiring registration procedures, tax should be declared and paid to the competent national tax authority at the taxpayer's location.
I just bought a 150cc motorcycle, and the purchase tax is definitely unavoidable. Generally, the tax rate is 10% of the invoice price. For a bike priced at 15,000 yuan, the tax would be 1,500 yuan. Last year, when I helped my neighbor choose a bike, I noticed there weren’t any special discounts for small-displacement motorcycles—taxes still had to be paid. The government uniformly manages vehicle purchase taxes, and the tax office processes the paperwork quickly, but don’t forget to prepare the receipts in advance. Salespeople always remind buyers about this during the purchase, so it’s best to include this cost in your budget. A tip: Don’t just focus on the bike’s price; ask about the total cost including taxes to avoid unexpected losses. Remember, safety comes first when riding a motorcycle, and paying the tax ensures smooth registration and insurance.