What is the National Automobile Consumption Tax Standard?

[Monica]

National automobile consumption tax standards are as follows: 3.0 to 4.0 liter displacement: For passenger vehicles with a displacement above 3.0 liters up to 4.0 liters (including 4.0 liters), the tax rate is 25%. Displacement above 4.0 liters: For passenger vehicles with a displacement above 4.0 liters, the tax rate is 40%. Displacement below 1.0 liter: For passenger vehicles with a displacement of 1.0 liter or below (including 1.0 liter), the tax rate is 1%. Automobile Consumption Tax: The automobile consumption tax is a new tax category established during the 1994 national tax reform. It is an additional consumption tax levied on a select few consumer goods on top of the general value-added tax on goods, typically applied at the production stage, aiming to adjust product structures and guide consumption directions.