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The Economic Times

Global Business / The Economic Times

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Beijing set to cut tax rebates tao ease concerns on high exports

Starting April 1, the Chinese government will remove value-added tax rebates for 249 products, including solar cells, ceramic roof tiles and lithium hexafluorophosphate, the Ministry of Finance said in a statement Friday. The rebate rates on 22 battery-related goods, such as lithium-ion batteries, will be lowered to 6% from 9%, with complete removal planned from Jan. 1 2027, it added.

9 Jan 2026 11:48 pm