CHINA: Announcement on the Catalogue of Energy-saving and New-energy Vehicles Entitled to Vehicle and Vessel Tax Reduction and Exemption (First Group)

Meta Data
Title in national language: 
关于节约能源使用新能源车辆减免车船税的车型目录的公告
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2012
Effective Start Year: 
2012
Scope: 
National
Document Type: 
Other
Economic Sector: 
Transport
Energy Types: 
Renewable, Other
Issued by: 
Ministry of Finance, Ministry of Industry and Information Technology, State Administration of Taxation
Source: 
State Administration of Taxation (CH)
File: 
Catalogue of Vehicle and Vessel Tax Exemptions for Energy and New Energy Vehicles (EN)
Catalogue of Vehicle and Vessel Tax Exemptions for Energy and New Energy Vehicles (CH)
Overall Summary: 
To promote the development of energy-saving and new-energy automotive industry, in accordance with the provision in Article 4 of the "Law of the People's Republic of China on Vehicle and Vessel Tax" and in Article 10 of the "Regulation on the Implementation of the Vehicle and Vessel Tax Law of the People's Republic of China", upon approval by the State Council, the catalogue of the first group of energy-saving and new-energy vehicles entitled to vehicle and vessel tax reduction and exemption is hereby announced as follows. As of January 1, 2012, the vehicle and vessel tax shall be reduced by half for energy-saving vehicles; the vehicle and vessel tax shall be exempt for new-energy vehicles.
Renewable Energy
RE reductions in taxes: 
As of January 1, 2012, the vehicle and vessel tax shall be reduced by half for energy-saving vehicles; the vehicle and vessel tax shall be exempt for new-energy vehicles. Two group catalogs of vehicles and vessels qualified for tax reduction and exemption were announced in March and May 2012, respectively.
Technology
Clean energy technology deployment: 
As of January 1, 2012, the vehicle and vessel tax shall be reduced by half for energy-saving vehicles; the vehicle and vessel tax shall be exempt for new-energy vehicles. Two group catalogs of vehicles and vessels qualified for tax reduction and exemption were announced in March and May 2012, respectively.