From today, the export tax rebate for value-added tax on photovoltaic products will be cancelled.

Starting from April 1, 2026, China officially cancels the export tax rebate on value-added tax for photovoltaic products. "In the current deep adjustment of the photovoltaic industry, this move may further accelerate industry differentiation and promote the deepening of the industry's 'anti-insider' phenomenon," said Qu Fang, an investment consultant at Wansheng Securities. As early as January 2026, the Ministry of Finance and the State Administration of Taxation jointly issued a notice clarifying the cancellation of the export tax rebate on value-added tax for photovoltaic products starting from April 1, 2026.