[Global IDT Insights] China Cuts Export VAT Rebates | Lithuania Revises VAT Rates

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  • Last Updated on 11 February, 2026

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Global indirect tax updates

Editorial Team – [2026] 183 Taxmann.com 267 (Article)

Global IDT Insights provides a weekly snippet of tax news specifically related to Indirect Taxes from around the globe.

1. China Issues Announcement on Adjustment and Cancellation of Export VAT Rebates for Photovoltaic and Battery Products

China has issued a joint announcement through the Ministry of Finance and the State Taxation Administration addressing changes to export tax rebates related to value-added tax on specified products. The announcement sets out revisions to the export VAT rebate treatment for photovoltaic products and battery products, including partial reductions and complete withdrawal over a phased timeline.

The announcement defines the scope of the changes by identifying the affected product categories and specifying the revised rebate rates and effective dates. It focuses exclusively on the adjustment and elimination of export VAT rebates as part of China’s export tax policy framework.

Key aspects of this announcement include:

(a) Cancellation of Export VAT Rebates for Photovoltaic Products – Export tax rebates relating to value-added tax on photovoltaic products will be fully cancelled. This change applies to exports made on or after 01-04-2026. From this date, no export VAT rebate will be available for photovoltaic products covered by the announcement.

(b) Phased Reduction and Elimination of Export VAT Rebates for Battery Products – The export VAT rebate rate applicable to battery products will be reduced from 9% to 6% with effect from 01-04-2026. Following this interim reduction, the export VAT rebate for battery products will be completely eliminated. The full withdrawal of the rebate will take effect from 01-01-2027.

(c) Policy Objective and Industry Impact Noted in the Announcement – The announcement records that the adjustment measures have been welcomed by domestic industry stakeholders. According to the China Photovoltaic Industry Association, the changes are intended to support more rational pricing in overseas markets and to reduce the risk of trade frictions. The measures are also described as helping mitigate risks associated with rapid export price declines and potential trade disputes.

Source – Official Announcement

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Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied