Solar glass export tax

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 Decem. 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.

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.

What is the new tax rebate rate for photovoltaic products?

In a joint statement issued by the Ministry of Finance and the State Taxation Administration, it was revealed that the export tax rebate rate for photovoltaic products, along with batteries and certain non-metallic mineral products, will be reduced from 13% to 9%.

How will China's slashed tax rebates affect India's solar projects?

The cost of photovoltaic components like solar cells, glasses and ribbons --- imported into India from --- are expected to rise after the Chinese government recently slashed the tax rebates offered for exporting such components. Indian manufacturers feel that the rise in import costs will in turn affect the cost of future solar projects.