The Ministry of Finance has released a notification, revealing that the export tax rebate rate for value-added tax (VAT) on new energy vehicles will be lowered from 13% to 9%, effective April 1, 2027. Concurrently, the VAT export tax rebates for items such as electronic cigarette devices will be completely phased out. However, for pertinent products already subject to consumption tax, the export consumption tax policy will stay intact, and the tax rebate (or exemption) policy will remain in effect.
