What is the automobile import tax rate?
1 Answers
Since July 1, 2018, the import duty for complete vehicles is 15%, and the import duty for auto parts is 6%. Below is relevant information about import taxes: Relevant regulations: According to the "Announcement of the Customs Tariff Commission of the State Council on Reducing Import Tariffs for Complete Vehicles and Auto Parts" "To further expand reform and opening up, promote supply-side structural reform, facilitate the transformation and upgrading of the automobile industry, and meet the consumption needs of the people, import tariffs for complete vehicles and auto parts will be reduced starting from July 1, 2018. Introduction to automobile import taxes: The tariff rates for 135 tariff lines of complete vehicles with a 25% rate and 4 tariff lines with a 20% rate will be reduced to 15%. The tariff rates for 79 tariff lines of auto parts with rates of 8%, 10%, 15%, 20%, and 25% will be reduced to 6%. For specific tariff items and rate adjustments, please refer to the appendix.