According to the 2026 Union Tax Law, battery electric vehicles (BEVs) have been designated as special goods. In addition, under the provisions of the law, a five per cent special goods tax must be paid on the landed value when importing such battery electric vehicles.

These battery electric vehicles had previously been granted a tax exemption for two consecutive years. However, starting from 2026, they have been included in the Union Tax Law and are now subject to the imposition of the special goods tax.

Similarly, for the importation of fuel-powered vehicles such as vans, saloons, sedans, estate wagons, and coupes, the 2026 Union Tax Law stipulates that a tax rate of 10 per cent will be applied to vehicles with engine capacities ranging from 1,501 cubic centimetres to 2,000 cubic centimetres, 30 per cent for those from 2,001 cc to 4,000 cc, and 50 per cent for those with engine capacities of 4,001 cc and above. The 2026 Union Tax Law, enacted on 15 March 2026, will come into effect on 1 April 2026.

ASH/MKKS

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