China adjusts export tax rebate policies for some products such as new energy vehicles

Beijing, October 12 (Xinhua) -- The Chinese Ministry of Finance and the State Administration of Taxation announced on the 12th that they will adjust the export tax rebate policy for some products, involving value-added tax for products such as new energy vehicles and electronic cigarette equipment.

According to the announcement released by the Ministry of Finance and the State Administration of Taxation, starting from April 1, 2027, the value-added tax export rebate rate for new energy vehicles will be reduced from 13% to 9%; Cancel the value-added tax export rebate for electronic cigarette devices and other products. For the products subject to consumption tax among the above-mentioned products, the export consumption tax policy will not be adjusted, and the consumption tax refund (exemption) policy will continue to apply.