On January 9, 2025, the Ministry of Finance and the State Taxation Administration of China issued an announcement stating that, effective April 1, 2025, export VAT rebates for photovoltaic and other products would be cancelled. From April 1, 2026 to December 31, 2026, the export VAT rebate rate for battery products would be reduced from 9% to 6%; from January 1, 2027, export VAT rebates for battery products would be cancelled. For products subject to consumption tax among the aforementioned products, the export consumption tax policy will remain unchanged, and the consumption tax refund (exemption) policy will continue to apply. The export rebate rate applicable to the products listed in the announcement is determined by the export date indicated on the export customs declaration.
In addition, the announcement also listed the specific products involved, including 249 photovoltaic and other products, and 22 battery products.
