[Notice on Adjusting the Consumption Tax Policy on Some Batteries]

Published: Jul 17, 2026 17:12

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According to SMM, the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration issued an announcement on adjusting the consumption tax policy for some batteries, under which a 2% consumption tax will be levied on solar cells (PV cells) effective April 1, 2027, and a 4% consumption tax will be levied on solar cells effective April 1, 2028. It is expected that China's solar cells will subsequently be affected by the tax policy. As solar cell enterprises are currently operating at a loss, the actual tax cost will be determined through bargaining between upstream and downstream enterprises.

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