On January 9, the Ministry of Finance and the State Taxation Administration released the Announcement on Adjusting the Export Tax Rebate Policy for Products Such as Photovoltaics. The announcement states that starting April 1, 2026, the value-added tax (VAT) export rebate for PV and related products will be abolished. From April 1, 2026, to December 31, 2026, the VAT export rebate rate for battery products will be reduced from 9% to 6%, and from January 1, 2027, the VAT export rebate for battery products will be fully eliminated.
Lithium-related products covered by the announcement include:
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28269020: LiPF6
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28416910: Lithium manganese oxide
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2841900010: Lithium cobalt oxide
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28429030: Lithium nickel cobalt manganese oxide
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28429060: Lithium nickel cobalt aluminum oxide
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85065000: Lithium primary batteries and battery packs
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85076000: Lithium-ion batteries
The announcement clarifies that for products subject to consumption tax among those listed, the export consumption tax policy remains unchanged and will continue to apply the consumption tax rebate (exemption) policy. The applicable export rebate rates for the products listed in the announcement shall be determined based on the export date indicated on the export declaration form.
Edited by Cassie Li, lixiangying@mysteel.com
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