According to the above-mentioned government announcements, PV products included in the list of products with reduced export tax rebate rates are for PV cells, either installed or not in modules.
(Illustrative Photo; Photo Credit: humphery/Shutterstock.com) The Chinese Ministry of Finance and the State Administration of Taxation have revealed that the country will reduce the export tax rebate for 209 products, including solar PV cells and modules from 13% to 9%, starting from December 1, 2024.
Starting from 1 December 2024, the export tax rebate rate for some refined petroleum products, PV products, batteries and some non-metallic mineral products will be lowered by four percentage points, from 13% to 9%.
From 1 December 2024, the export tax rebate rate will drop from 13% to 9% on some PV and batteries products. Image: Rinson Chory, via Unsplash. China’s Ministry of Finance and the State Administration of Taxation have issued an “Announcement on Adjusting the Export Tax Rebate Policy”.
For solar, the rebate has been available since 2003. According to industry experts, the move to bring down the export tax rebate is aimed by the administration at checking overcapacity concerns because of which prices in the PV industry have dropped to record lows.
Some industry analysts, who spoke to pv magazine on condition of anonymity, said the tax rebate reduction is part of a longer-term strategy. With Chinese PV products dominating global markets, they said that the government might eventually phase out export tax rebates entirely.
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 …
The Chinese Ministry of Finance and the State Administration of Taxation have revealed that the country will reduce the export tax rebate for 209 products, including solar PV …
China''s recent export tax rebate reduction for photovoltaic (PV) products, from 13% to 9%, significantly impacts the industry, cutting rebates by $1.054 billion annually. This …
Cancel the export tax rebate for aluminum, copper, and chemically modified animal, plant or microbial oils, fats and other products. ... (photovoltaic cells not installed in …
Meanwhile, the export tax rebate rate for some refined oil products, photovoltaic products, batteries and certain non-metallic mineral products will be reduced from …
China announced a major adjustment to its export tax rebate policy, effective December 1, affecting multiple industries including photovoltaic products. A joint statement …
The lowered rebate will reduce refunded taxes for Chinese PV exporters, squeezing profit margins. Companies may respond by increasing export prices to offset …
China will cancel or reduce export tax rebates for a number of products starting from December 1, including several related to energy transformation, according to a …
Starting from 1 December 2024, the export tax rebate rate for some refined petroleum products, PV products, batteries and some non-metallic mineral products will be …
It will also cancel export tax relief on aluminum and copper products and chemically modified animal, plant or microbial oils and fats. ... Chinese PV makers exported …
Cancel the export tax rebate for aluminum, copper, and chemically modified animal, plant or microbial oils, fats and other products. ... In the list of products with reduced …
Beijing''s reduction of export tax rebate for PV products highlights latest tax rebate overhaul ... following the cancellation of export rebates for steel in 2021, export value …
From pv magazine Global. China''s Ministry of Finance and State Taxation Administration have announced a reduction in the export tax rebate for PV products. Starting …
China has announced significant changes to its export tax rebate policies, effective from December 1, impacting various industries, including photovoltaic (PV) products. …
The export tax refund rate for certain products, including refined oil, photovoltaic products, batteries, and some non-metallic mineral products, will be reduced from 13% to 9%. Refer to …
This adjustment is part of broader changes, which also include the cancellation of export tax rebates for aluminum, copper, and certain oils and fats. ... the country has played …
Source:pv-magazine . China''s Ministry of Finance and State Taxation Administration have announced a reduction in the export tax rebate for photovoltaic products. Starting Dec. 1, the …
China has announced it will lower the export tax rebate rate for solar photovoltaic products and batteries from 13% to 9% starting December 1, 2024. It also …
On November 15, 2024, the China Ministry of Finance (MOF) and the State Taxation Administration (STA) released the Announcement on the Adjustment of Export Tax …