Do Parallel Imported Cars Require Tax Payment?
1 Answers
Parallel imported cars require tax payment. Below is more information about parallel imported cars: 1. Both parallel imported cars and those imported by authorized agents are subject to customs duties. 2. Value-added tax (VAT) and consumption tax are also required. Generally, high-quality parallel imported cars are still more expensive than their domestically produced counterparts of the same class. 3. Parallel imported cars refer to vehicles purchased by traders from overseas markets and introduced into the Chinese market for sale without authorization from the brand manufacturer. 4. Depending on the import source, they can be categorized as "U.S. specification cars," "Middle East version cars," etc., to distinguish them from "China specification cars" sold through traditional channels.