In order to further expand reform and opening up, promote supply-side structural reforms, promote the transformation and upgrading of the automobile industry, and meet the people's consumer demand, starting from July 1, 2018, reduce the import tariffs on vehicles and parts and components. 25% of the 135 tax numbers and 4 tax numbers with a tax rate of 20% have their tax rate reduced to 15%, and the automobile parts tax rates are 8%, 10%, 15%, 20%, and 25% of a total of 79 taxes. The tax rate has dropped to 6%.
Special announcement.
State Council Customs Tariff Commission
May 22, 2018
In order to further expand reform and opening up, promote supply-side structural reforms, promote the transformation and upgrading of the automobile industry, and meet the people's consumer demand, starting from July 1, 2018, reduce the import tariffs on vehicles and parts and components. 25% of the 135 tax numbers and 4 tax numbers with a tax rate of 20% have their tax rate reduced to 15%, and the automobile parts tax rates are 8%, 10%, 15%, 20%, and 25% of a total of 79 taxes. The tax rate has dropped to 6%.
Special announcement.
State Council Customs Tariff Commission
May 22, 2018
