Liu Zhi helped the consumer calculate an account. Taking a 4.0L displacement import vehicle with a declaration price of 500,000 yuan as an example, the comprehensive tax rate is 143.75%, which is calculated according to the tariff of 25%. The tariff of this vehicle is 125,000 yuan, together with 40% of consumption tax, 200,000 yuan and 17% of value-added tax, 85,000 yuan, its total tax and fee is 410,000 yuan. After July 1, after the comprehensive tax rate was reduced to 122.33% and the tariff was reduced to 15%, the tariff of this vehicle was 75,000 yuan and the consumption tax 40% was 200,000 yuan whilethe value-added tax was reduced to 16%, which was 80,000 yuan. The tax and fee is 355,000 yuan, which can save about 55,000 yuan in total compared with that before the tariff reduction.
Not long ago, the Customs Tariff Commission of the State Council issued an announcement on reducing the import tariffs on autos and auto parts. As soon as the tax cuts are released, they will arouse buzz in the automotive terminal sales market. In the past few days, Tesla, Mercedes-Benz, BMW, Volvo, Lexus, Jeep and many other brands of imported automobiles have stated that they will re-evaluate the price of each model of the product line. Some brands also expressed that they will directly offer discounts to vehicles that are currently sold on the basis of tariff reductions.
The field of parallel imported cars is more sensitive to this reduction in tariffs. In the Kaili Star Binhai International Motor City in the Tianjin Port Free Trade Zone, the prices of many imported luxury cars have decreased. “At present, the vehicles in the stores have all been sold at the latest prices calculated after the exchange rate has been reduced,” chief of ProductDepartment of Kaili Star told reporters, “after the publication of the tariff reduction announcements, we were the first to adjust the price of the model and consumers who want to buy do not have to wait for a month. The current price is already the discounted price after July 1.
However, Liu Zhi added: "For imported cars, taxes and fees mainly include tariffs, consumption tax, and value-added tax. Tariffs are lowered from 25% to 15%, which is equivalent to a 10% reduction in tariffs, but not a 10% reduction in the terminal price of the vehicle. Depending on many specific conditions such as the size of the car's displacement, the final declaration price, and the comprehensive tax rate, in general, this tariff reduction will reduce the total tax rate for imported cars by 12% to 22%, and it is now the best-selling Mercedes-Benz in the market. Models like the GLS and Nissan Tuilee have different levels of price cuts.”
According to Wang Guoliang, director of the Administrative Committee ofTianjin Port Free Trade Zone and deputy director of the AdministrativeCommittee of Tianjin Pilot Free Trade Zone, in 2001, Tianjin parallel importedcars amounted to 120,000 vehicles, which accounted for nearly 80% of the country's total; 61,500 imported bonded trucks in parallel, 68% up year-on-year, accounting for 51% of Tianjin and accounting for 39% of the country.
In the next step, Tianjin Pilot Free Trade Zone will further support the expansion of imports, improve the after-sales service system, standardize compliance reforms, and innovate automobile insurance and financial services under the favorable situation of the country's adjustment of import tariffs on vehicles and auto parts. The pilot work will allow the people to enjoy moredividends from reforms.