The Zhitong Finance App learned that on October 12, the Ministry of Finance and the State Administration of Taxation issued a notice on adjusting the export tax rebate policy for some products, making adjustments to the export tax rebate policy for some products. First, starting April 1, 2027, the VAT export rebate rate for new energy vehicles will be reduced from 13% to 9%. Second, with effect from April 1, 2027, VAT export rebates for products such as e-cigarette equipment will be abolished. 3. For the products subject to consumption tax among the above products, the export consumption tax policy will not be adjusted, and the consumption tax refund (exemption) policy will continue to apply. 4. The export tax rebate rate applicable to the products listed in the notice is defined by the export date indicated in the export declaration for the export goods.

This article was selected from the “Ministry of Finance” official website, Zhitong Finance Editor: Jiang Yuanhua.

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