EXPORT TAX REBATES

EXPORT TAX REBATES FOR 249 PRODUCT ITEMS SHALL BE ABOLISHED AS OF APRIL 1, 2026.

  • EXPORT TAX REBATES FOR 249 PRODUCT ITEMS SHALL BE ABOLISHED AS OF APRIL 1, 2026. author
  • 4th April 2026

Ministry of Finance and State Taxation Administration Issue New Policy: Export Tax Rebates for 249 Products to Be Abolished from April 1, 2026, Affecting Photovoltaics, Chemicals, Building Materials, and Other Sectors

Core Adjustments Include:

  1. Full-Chain Rollback for Photovoltaics: Key materials such as lithium hexafluorophosphate and lithium manganese oxide are among the first to be impacted, while critical components like monocrystalline silicon wafers will also have their export tax rebates cancelled.

  2. Phased Reduction for Batteries: The rebate rate will be reduced from 9% to 6% effective April 1, 2026, and will be fully eliminated starting January 1, 2027. This measure covers 22 categories, including lithium-ion batteries and nickel-metal hydride batteries.

  3. Heavy Impact on Chemicals and Building Materials: Industrial raw materials such as graphite and flame retardants, as well as building materials like marble and ceramic tiles, have been included in the list.

Policy Implications:
• Profit margins of photovoltaic companies may be compressed by 8–12%, accelerating the shift of production capacity to Southeast Asia.
• Battery manufacturers face a 6% cost increase, opening a window of opportunity for alternative technologies such as sodium-ion batteries.
• The export competitiveness of traditional high-energy-consumption industries will be further weakened.

Tag:

Leave a Comment