On April 1, 2026, the new export tax rebate regulations were like a bombshell, catching many foreign trade people who had just figured out the export tax rebate process off guard.
In order to help foreign traders better cope with this change, we have compiled the most streamlined list of tax refund cancellations on the entire network, which is all practical information. Foreign traders must keep it in mind to avoid wasted costs.
Starting from April 1, tax rebates will be directly canceled for some products.
In terms of the entire photovoltaic industry chain, including silicon materials, components, inverters, etc., the previous 9% tax rebate rate was directly reduced to 0.
This is undoubtedly a huge challenge for the foreign trade export of the photovoltaic industry.
The photovoltaic industry has developed rapidly in recent years, and export volume is also increasing. The cancellation of tax rebates will directly affect the profit margins of enterprises.
Chemical products have also been greatly affected. For more than 80 raw materials such as methanol, PVC, and soda ash, exports are directly treated as domestic sales and taxed.
The chemical industry is one of my country’s important basic industries, with a large export scale. The cancellation of tax rebates will significantly increase the export costs of enterprises, and enterprises need to re-evaluate market strategies and product pricing.
Building materials such as cement, glass, ceramics, as well as some steel and non-ferrous metal processed products are also within the scope of the cancellation of tax rebates.
These products are widely used in construction, manufacturing and other fields, and their export volumes are also considerable.
After the tax rebate is cancelled, companies need to find ways to reduce costs to remain competitive in the international market.
Tax rebates for light industrial e-cigarettes, wood chips, and some paper products have also been cancelled.
As an emerging industry, e-cigarettes have developed rapidly in the international market in recent years. This cancellation of tax rebates will have a certain impact on the export business of related companies.
In addition to the direct cancellation of tax rebates for products, batteries (lithium batteries, energy storage batteries, etc.) have a transition period.
From April 1 to December 31, the tax refund rate will be reduced from 9% to 6%, and will be completely eliminated by 2027.
It should be noted that the export date of the customs declaration form shall prevail. Customs declarations made before April 1st will still be subject to the original tax refund rate. Foreign traders must seize the last window period.
After the tax rebate is cancelled, input tax can be deducted normally. For example, office rent can still be deducted in full, but output tax must be accrued based on the FOB price, which will lead to a direct increase in costs.
Foreign traders must remind each other to avoid pitfalls.
If you need a complete list of tax refund products, you can leave the “list” in the comment area and we will send it directly to you.
Faced with the new export tax rebate regulations, foreign traders need to adjust their strategies in a timely manner, optimize their cost structure, and look for new market opportunities.
At the same time, we must pay close attention to policy changes and actively respond to challenges to ensure the stable development of enterprises.
