Do New Energy Vehicles Need to Pay Vehicle and Vessel Tax?

[SimonAnn]

According to the new regulations, new energy vehicles are exempt from vehicle and vessel tax. Introduction to Vehicle and Vessel Tax: It refers to a tax that vehicle and vessel owners or managers within the territory of the People's Republic of China must pay in accordance with the Vehicle and Vessel Tax Law of the People's Republic of China. The regulation stipulates that new energy vehicles and vessels that meet the standards are exempt from vehicle and vessel tax, while energy-saving vehicles that meet the standards are subject to a 50% reduction in vehicle and vessel tax. New Energy Vehicles: New energy vehicles exempt from vehicle and vessel tax include pure electric commercial vehicles, plug-in (including range-extended) hybrid vehicles, and fuel cell commercial vehicles. Pure electric passenger vehicles and fuel cell passenger vehicles are not within the scope of vehicle and vessel tax and are therefore not subject to it. New energy vehicles that pass the special inspection and meet the new energy vehicle standards are exempt from vehicle and vessel tax.