Solar glass sales tax rate concession

4 FAQs about [Solar glass sales tax rate concession]

Will China reduce export tax rebates for solar panels and batteries?

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 eliminates export tax rebates for aluminum and copper. The announcement was jointly made by China’s Ministry of Finance and the State Taxation Administration.

What is the new tax rebate rate for PV products & batteries?

Starting from 1 December 2024, the export tax rebate rate for some PV products and batteries will be lowered from 13% to 9% in China.

How will the elimination of export tax rebates affect solar PV & batteries?

The elimination of export tax rebates on aluminum and copper, which are also used in the renewable energy industry, has already increased the prices of these metals. The reduction in export incentives could also impact solar PV and batteries.

How much will China''s Export tax rebate rate drop from 1 December 2024?

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”.

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