Do 150cc motorcycles require purchase tax?

[StellaRose]

150cc motorcycles currently do not require purchase tax. According to relevant policies, motorcycles with 150cc or below registered after July 2019 are exempt from purchase tax. The relevant information about vehicle purchase tax is as follows: Purchase tax calculation method: According to the "Purchase Tax Law", the current purchase tax rate is 10% of the vehicle's selling price (excluding tax), with a VAT rate of 13%. The taxable price of the vehicle is the total amount actually paid by the taxpayer to the seller (i.e., the "price excluding tax" on the bottom line of the invoice), excluding VAT. Purchase tax calculation formula: The payable amount of vehicle purchase tax = taxable price of the vehicle × tax rate.