Is purchase tax required for a 150cc displacement?
4 Answers
Purchase tax is required. Starting from July 1, 2019, motorcycles with a displacement below 150cc will be exempt from purchase tax. The obligation to pay vehicle purchase tax arises on the day the taxpayer purchases the taxable vehicle. Here is the relevant information: Regulations: According to the "Vehicle Purchase Tax Law of the People's Republic of China" implemented on July 1, 2019, motorcycles with a displacement of 150 milliliters (inclusive) or less are not subject to vehicle purchase tax and therefore do not need to pay it. Calculation method for purchase tax: According to the "Vehicle Purchase Tax Law of the People's Republic of China," the vehicle purchase tax rate in China is 10%. The calculation formula is: Taxable amount = Taxable price × Tax rate (if it is lower than the minimum taxable price issued by the State Taxation Administration, the minimum taxable price stipulated by the State Taxation Administration shall be applied).
As a car enthusiast who recently researched this topic, I can confirm that purchasing a 150cc motorcycle in China is completely exempt from purchase tax, thanks to national policy adjustments. Since 2019, motorcycles with a displacement of 150cc or below have been exempt from purchase tax. I personally bought one and saved several thousand yuan, as the tax is typically 10% of the vehicle's price, making it a great deal. This regulation mainly encourages people to choose small-displacement vehicles, which are both energy-efficient and environmentally friendly, especially suitable for urban commuting. However, don’t forget to consider insurance and other procedural fees when buying a motorcycle, and there might be slight regional differences. It’s advisable to double-check with the local vehicle management office or a 4S store just to be safe. Overall, this preferential policy makes buying a 150cc motorcycle more cost-effective, and I also recommend my friends to give it a try.
I remember when I bought a 150cc motorcycle last year, I didn't pay any purchase tax at all. This policy was implemented several years ago, directly exempting small-displacement vehicles from this fee, which felt like a great deal. For motorcycles above 150cc, you might have to pay a 10% tax, which significantly increases the purchase cost. Experience has taught me that choosing a 150cc bike is both hassle-free and cost-effective. Dealers always remind you about this, helping you avoid extra expenses. It's especially practical for daily commuting, particularly for someone like me who loves to save money. When you calculate it, you can save quite a bit on monthly fuel costs. However, it's best to check local regulations before buying to ensure there are no new changes affecting the tax exemption. Based on my experience, 150cc displacement is completely tax-free.
From a professional perspective, 150cc motorcycles in China are exempt from purchase tax, as clearly stipulated by relevant regulations—vehicles with engine displacement below 150cc are tax-exempt. This primarily reflects policy support for green transportation, meaning the listed vehicle price is the final cost. You only need to verify whether the displacement certificate falls within the exempted range to avoid misunderstandings. The entire process is straightforward and efficient, handled seamlessly by the dealership.
