What was the purchase tax policy for hybrid vehicles in 2021?
1 Answers
According to the relevant policies jointly issued by the Ministry of Finance and other ministries, from January 1, 2021 to December 31, 2022, new energy vehicles continue to enjoy the tax exemption for vehicle purchase tax. However, these exempted new energy vehicles must meet two conditions to qualify for this policy. Exemption from vehicle purchase tax: Currently, the new energy vehicles exempted from purchase tax refer to pure electric vehicles, plug-in hybrid (including range-extended) vehicles, and fuel cell vehicles. These types, such as some low-speed electric vehicles, do not fall under the category of new energy vehicles and cannot enjoy purchase tax reductions. Relevant policies: New energy vehicles exempted from purchase tax must be listed in the Ministry of Industry and Information Technology's exemption catalog, and they can only officially enjoy the tax exemption policy after the catalog is published. Note that the purchase date is the date indicated on the unified sales invoice (or valid certificate) of the motor vehicle.