China Cuts EV Export Tax Rebate From 13% to 9%, Could Prices Rise in Nepal?
HighlightsChina's Ministry of Finance and the State Taxation Administration announced a reduction in the VAT export rebate for new energy vehicles on October 12, 2026.The rebate rate will fall from 13% to 9%, effective April 1, 2027.The policy applies to new energy vehicles covered by...
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