What taxes are exempt for domestically produced vehicles?

[LaParker]

Domestically produced vehicles are exempt from customs duties and consumption taxes. Customs Duties: Customs duties generally refer to taxes levied by customs. According to 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," Chinese customs imposes import or export duties on imported and exported goods. 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. Consumption tax is a typical indirect tax.