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China Adjusts Export Tax Rebate Policies for New Energy Vehicles and Electronic Cigarettes

According to the official website of the Ministry of Finance, on October 12, the Ministry of Finance and the State Taxation Administration issued an announcement regarding the adjustment of export tax rebate policies for certain products.

Starting from April 1, 2027, the VAT exemption rate for the export of new energy vehicles will be reduced from 13% to 9%.

Starting from April 1, 2027, the VAT export rebates for products such as e-cigarette devices will be abolished.

For products subject to consumption tax on the above products, the export consumption tax policy remains unchanged, and the policy of refunding (exemption) of consumption tax continues to apply.

China Adjusts Export Tax Rebate Policies for New Energy Vehicles and Electronic Cigarettes