- China will abolish VAT export rebates for photovoltaic products from April 2026 and phase out battery rebates by January 2027.
- The policy aims to curb aggressive export price discounting, stabilize overseas market pricing, and reduce the risk of trade retaliation.
- VAT rebates have enabled Chinese exporters to offer lower prices abroad, intensifying global competition and trade tensions.
- The move follows earlier reductions in export rebate rates and reflects efforts to address overcapacity and international trade disputes.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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