Is the Roewe i5 a Domestic or Joint Venture Car?

[VonJude]

The Roewe i5 is a domestic car, and the i5 is a compact car under the Roewe brand. Domestic cars are exempt from customs duties and consumption taxes. Customs Duty: Customs duty generally refers to the taxes levied by customs. China Customs imposes import or export duties on goods in accordance with the "Customs Tariff Regulations of the People's Republic of China" and the tariff rates specified in the "Customs Import and Export Tariff of the People's Republic of China." For the convenience of taxpayers, other taxes and fees payable on imported and exported goods are also collected by customs at the time of import. Consumption Tax: Consumption tax (Consumption tax/Excise Duty) (Special Goods and Services Tax) is a general term for various taxes levied on the turnover of consumer goods. It is a tax imposed by the government on consumer goods, with a single collection point, mostly paid during production or import. The consumption tax is a typical indirect tax.