Do Parallel Imported Vehicles Need to Pay Taxes?
1 Answers
Parallel imported vehicles are subject to taxation. Below is more information about parallel imported vehicles: 1. Whether it's a parallel imported vehicle or an agent-imported vehicle, tariffs must be paid, including value-added tax and consumption tax. Generally speaking, higher-end parallel imported vehicles still cost more than domestically produced vehicles of the same grade. 2. Parallel imported vehicles refer to cars purchased by traders from overseas markets and introduced into the Chinese market for sale without authorization from the brand manufacturer. Due to different import origins, they can be categorized as "American-spec cars" or "Middle East-spec cars," distinguishing them from "China-spec cars" sold through traditional channels. 3. When new vehicles are launched overseas, they sometimes do not debut in China due to automakers' strategic plans or domestic certification requirements. However, parallel imported vehicles have a natural advantage in this regard—they can be freely purchased overseas and then shipped to China for sale, significantly reducing the waiting time for new models.