Is There a Purchase Tax for New Energy Vehicles?

[DelVera]

New energy vehicles are exempt from purchase tax. Below is relevant information about the purchase tax: 1. Definition: The purchase tax is levied on entities and individuals who acquire (including purchase, import, self-production, gift, award, or other means of acquisition for personal use) taxable vehicles. The scope of taxation includes cars, motorcycles, electric vehicles, trailers, and agricultural transport vehicles, with a tax rate of 10%. The formula for calculating the tax payable is: Tax Payable = Taxable Price × Tax Rate. 2. Replacement Procedures: If the purchase tax payment certificate is lost, the taxpayer must apply for a replacement with the original issuing tax authority by presenting the "Motor Vehicle Driving License" and filling out the "Application Form for Replacement (Reissue) of Vehicle Purchase Tax Payment Certificate". For individuals, the application must be made in person and cannot be delegated; for entities, the application form must be stamped, and the handling personnel must provide their ID card and a copy, and sign the application form.