Is consumption tax levied on medium and light commercial buses?

According to the "Interim Regulations of the People's Republic of China on Consumption Tax" and the "Notice on Issues Related to Automobile Consumption Tax Policies" and other documents, consumption tax is levied on qualified medium-sized and light commercial buses.

Specifically, medium and light commercial buses refer to those with a total mass less than 3500kg, a passenger capacity of less than 20 people, and a vehicle length less than 6 meters.

Those who meet the above three conditions shall pay consumption tax at the prescribed rate.

Medium and light commercial buses with different displacements have different tax rates.

According to the "Interim Regulations of the People's Republic of China on Consumption Tax" and the "Notice on Issues Related to Automobile Consumption Tax Policies" and other documents, the consumption tax rates for medium-sized and light commercial buses vary according to different displacements.

Among them, the tax rate for medium and light commercial buses with a displacement of less than 2.0L is 3%; the tax rate for medium and light commercial buses with a displacement of more than 2.0L is 5%.

According to the "Interim Regulations of the People's Republic of China on Consumption Tax" and the "Notice on Issues Related to Automobile Consumption Tax Policies" and other documents, medium and light commercial buses purchased by non-profit units are exempt from consumption tax.

Specifically, medium-sized and light commercial buses purchased by non-profit units, including public schools, hospitals, nursing homes and other institutions, are not subject to restrictions on displacement and length, and are exempt from consumption tax.

How is consumption tax calculated?

Consumption tax can be calculated as follows: For consumer goods subject to ad valorem pricing, the tax payable = sales × proportional tax rate.

For those that implement specific quotas, the tax payable = sales quantity × fixed tax rate.

For compound tax calculation, the tax payable = sales volume × proportional tax rate + sales quantity × fixed tax rate.