China to scrap VAT export rebates for solar products from April 2026

China to scrap VAT export rebates for solar products from April 2026

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NIFTY   25,683.30

 -193.55

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CRUDEOIL   5,225.00

+ 62.00

CRUDEOIL   5,225.00

+ 62.00

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VAT export rebates for battery products will be reduced to 6% from 9% between April and December 2026, and removed entirely from January 1, 2027.

By Reuters

Updated – January 09, 2026 at 04:08 PM.

|
BEIJING

The move signals Beijing’s intent to scale back fiscal incentives for solar and battery exports amid evolving global trade and industrial policy dynamics.

The move signals Beijing’s intent to scale back fiscal incentives for solar and battery exports amid evolving global trade and industrial policy dynamics.
| Photo Credit:
JASON REED/Reuters

China ‍will cancel ​value-added
tax (VAT) export rebates ‌for ​photovoltaic products from April 1,
2026, the finance ministry said ​in a statement ⁠on Friday.

The ministry also said ​VAT ⁠export rebates for battery
products will be ‌cut to ‌6% from 9% between ‍April and December
2026, and ‍scrapped entirely from January 1, 2027.

Consumption-tax rebate rules for these ⁠products will remain
unchanged, the ​statement said.

Published on January 9, 2026

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