Exemption of purchase tax on new energy vehicles will be extended to the end of 2023

1. New energy vehicles purchased from January 1, 2023 to December 31, 2023 will be exempted from vehicle purchase tax

2. The purchase date shall be determined according to the issuing date of the unified invoice for motor vehicle sales or the special payment letter for customs duties and other valid vouchers.

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Exemption of purchase tax on new energy vehicles will be extended to the end of 2023

Ministry of Finance, State Administration of Taxation, Ministry of Industry and Information Technology Announcement No.27, 2022

In order to support the development of the new energy vehicle industry and promote automobile consumption, we hereby announce the following matters concerning the continuation of the policy of exempting new energy vehicles from vehicle purchase tax:

1、 For new energy vehicles purchased from January 1, 2023 to December 31, 2023, vehicle purchase tax will be exempted.

2、 New energy vehicles exempted from vehicle purchase tax are managed through the Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax (hereinafter referred to as the Catalogue) issued by the Ministry of Industry and Information Technology and the State Administration of Taxation. Pure electric vehicles, plug-in hybrid electric vehicles (including plug-in vehicles) and fuel cell vehicles purchased since the date of publication of the Catalogue and listed in the Catalogue are new energy vehicles that meet the tax exemption conditions.

3、 The purchase date shall be determined according to the issuing date of the unified invoice for motor vehicle sales or the special payment letter for customs duties and other valid vouchers.

4、 The new energy vehicles listed in the Catalogue before December 31, 2022 can continue to apply the vehicle purchase tax exemption policy in accordance with this announcement. Other matters concerning the exemption of new energy vehicles from vehicle purchase tax shall be handled in accordance with the Announcement of the Ministry of Finance, the State Administration of Taxation, the Ministry of Industry and Information Technology on Policies Concerning the Exemption of New Energy Vehicles from Vehicle Purchase Tax (Announcement No. 21 of the Ministry of Industry and Information Technology of the State Administration of Taxation, the Ministry of Finance, 2020) The Notice of the Ministry of Industry and Information Technology, the Ministry of Finance and the State Administration of Taxation on Adjusting the Technical Requirements for New Energy Vehicle Products Exempted from Vehicle Purchase Tax (No. 13, 2021, Notice of the Ministry of Industry and Information Technology, the Ministry of Finance and the State Administration of Taxation) and other documents shall be implemented.

It is hereby announced.

Ministry of Finance, State Administration of Taxation, Ministry of Industry and Information Technology