What is the Vehicle Displacement Purchase Tax Collection Standard Table?
1 Answers
Vehicle Displacement Purchase Tax Collection Standard Table: 1. Lightweight: Displacement below 1.0L (inclusive): 1%; Displacement above 1.0L to 1.5L (inclusive): 3%. 2. Medium: Displacement above 1.5L to 2.0L (inclusive): 5%; Displacement above 2.0L to 2.5L (inclusive): 9%. 3. Large: Displacement above 2.5L to 3.0L (inclusive): 12%; Displacement above 3.0L to 4.0L (inclusive): 25%; Displacement above 4.0L: 40%.