Do new energy vehicles need to pay purchase tax?
1 Answers
New energy vehicles are exempt from purchase tax, provided they meet the following conditions: 1. Domestic sales: The vehicles must be pure electric vehicles, plug-in (including range-extended) hybrid vehicles, or fuel cell vehicles that are licensed for sale in China. The power batteries used must not include lead-acid batteries. 2. Fuel consumption: For plug-in hybrid passenger vehicles, the comprehensive fuel consumption (excluding fuel consumption converted from electricity) must be less than 60% of the corresponding target value in the current national standard for conventional fuel consumption. For plug-in hybrid commercial vehicles, the comprehensive fuel consumption (excluding fuel consumption converted from electricity) must be less than 60% of the corresponding limit value in the current national standard for conventional fuel consumption. 3. Compliance with standards: The vehicles must pass special inspections for new energy vehicles and meet the requirements of new energy vehicle standards.