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China announced on Friday that it will change export tax rebates for a range of products, including photovoltaic and battery products.
The announcement, jointly issued by the Ministry of Finance and the State Taxation Administration, said that export tax rebates for the value added tax of photovoltaic products will be canceled starting from Ap.
(Yicai) Jan. 12 -- China plans this year to remove export tax rebates for solar products and phase out those for batteries. Value-added tax rebates on 249 exported products, including photovoltaic cells, will be withdrawn starting from April 1, the Ministry of Finance and the State Taxation Administration jointly announced on Jan. 9.
In a joint statement issued by the Ministry of Finance and the State Taxation Administration, it was revealed that the export tax rebate rate for photovoltaic products, along with batteries and certain non-metallic mineral products, will be reduced from 13% to 9%.
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