Two departments: Starting April 1, 2027, the VAT export tax rebate rate for new energy vehicles will be lowered from 13% to 9%.

Zhito Finance App has learned that on October 12, the Ministry of Finance and the State Taxation Administration issued an announcement on adjusting the export tax rebate policy for certain products, adjusting the export tax rebate policy for certain products. First, starting from April 1, 2027, the VAT export tax rebate rate for new energy vehicles will be lowered from 13% to 9%. Second, starting from April 1, 2027, the VAT export tax rebate for products such as electronic cigarette devices will be canceled. Third, for products among the above that are subject to consumption tax, the export consumption tax policy will not be adjusted, and the consumption tax rebate (exemption) policy will continue to apply. Fourth, the export tax rebate rates applicable to the products listed in the announcement shall be determined by the export date indicated on the export goods declaration form.