Do Parallel Imported Vehicles Require Tax Payment?
1 Answers
Parallel imported vehicles do require tax payment. Whether it's parallel imported vehicles or those imported by authorized agents, they are subject to tariffs, value-added tax, and consumption tax. Generally speaking, even the better parallel imported vehicles are still more expensive than their domestically produced counterparts of the same class. Here is some extended information: 1. 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. 2. Depending on the import source, they can be categorized as "U.S. specification vehicles," "Middle East version vehicles," etc., to distinguish them from "China specification vehicles" sold through traditional channels.