What taxes are required for imported cars?

[StKiara]

Purchasing an imported car requires payment of the following taxes: customs duty, consumption tax, and value-added tax. There are several methods for calculating the taxes on imported cars: 1. Customs duty calculation: For cars with an engine displacement below 3 liters (excluding 3 liters), the tax rate is 34.2%, and for those above 3 liters, it is 37.6%. The payable customs duty = declared customs value × customs duty rate. 2. Consumption tax calculation: For engine displacements below 1.0 liters, the rate is 3%, and for displacements between 1.0 and 2.2 liters or above, it is 8%. The payable consumption tax = (declared customs value + customs duty) / (1 - consumption tax rate) × consumption tax rate. 3. Value-added tax calculation: The value-added tax rate is 17%. The payable value-added tax = (declared customs value + customs duty + consumption tax) × 17%.