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Hainan Free Trade Port vehicles "zero tariff" policy adjustment, import 9 or less plug-in hybrid minibuses duty-free

2025-01-18 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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CTOnews.com news on August 15, Hainan Provincial Department of Finance, Haikou Customs, and Hainan Provincial Taxation Bureau of the State Administration of Taxation issued a notice today that in order to support the construction of Hainan free trade port and strengthen stress testing, the adjustment of the "zero tariff" policy for vehicles and yachts in Hainan free trade port is hereby notified as follows:

1. 22 commodities, such as road tractors, apron passenger cars, all-topographic vehicles, hybrid minibuses with 9 seats or less (pluggable) for imported semi-trailers, shall be exempted from import duties, import value-added tax and consumption tax in accordance with this circular and the Circular of the General Administration of Taxation of the Ministry of Finance and the General Administration of Taxation on Hainan Free Trade Port vehicles and yachts "Zero tariff" (Financial tariff (2020) 54).

2. The above 22 commodities shall be registered and naturalized in Hainan Free Trade Port, operate in accordance with the relevant regulations of transportation, civil aviation and other competent departments, and be subject to supervision. Road tractors for semi-trailers and hybrid minibuses with seats 9 or less (pluggable) can be used to transport passengers and goods to and from the mainland. at least one end of the origin and destination must be in Hainan free trade port, the cumulative stay in the mainland does not exceed 120 days per year, among which there is no restriction on the number of days for "point-to-point" and "immediate return" passengers and trucks from Hainan free trade port to the mainland. The operation scope of apron passenger cars and all-terrain vehicles is Hainan Free Trade Port.

Image source Pixabay

CTOnews.com attached the added list of "zero tariff" policy for vehicles and yachts in Hainan Free Trade Port as follows:

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