Ministry of Industry and Information Technology: 141 new energy vehicles will no longer be exempt from purchase tax

China Economic Weekly-Economic Network News On November 11, the Ministry of Industry and Information Technology released news that according to the "Announcement on Exempting New Energy Vehicles from Vehicle Purchase Tax" (Announcement No. 172, 2017) and the "Ministry of Industry and Information Technology of the People's Republic of China and the Ministry of Finance According to the relevant requirements of the Announcement of the State Administration of Taxation (Announcement No. 17, 2018), dynamic management of the "Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax" (hereinafter referred to as the "Catalog") is implemented. According to statistics, after the 20th batch of "Catalogue" was released in November 2018, a total of 141 models had no production or import volume within 12 months and were planned to be withdrawn from the "Catalogue". According to the "Catalogue", the cancellation includes BYD Qin Pro, Roewe eRX5, Roewe ei6, Zhidou D3, WM EX5 PRO, Haima E7 and other models.Editor: Cui Xiaomeng