Effective on April 1, 2026, China will cancel value-added tax (VAT) export rebates for 249 products, including a wide range of stone products, as announced by the Ministry of Finance and the State Taxation Administration of China on January 9 (see: STA Announcement No. 2 of 2026). This means the current 9% rebate for the exports of the listed stone products will no longer be available.

Currently, our procurement of raw materials (blocks and slabs) in China incurs a VAT charge of 11%-13%. Offset by the 9% export tax rebate, our actual tax cost is about 2%-4%. However, following the cancellation of the rebate policy, we will be required to absorb the full input tax, thereby increasing our total procurement costs.

Please also note that the upcoming Chinese New Year holiday is from February 15 to February 23. As this is China's most important festival, most factories begin closing in late January and do not resume full production until late February. Consequently, only orders scheduled for export during mid to late January and March will remain unaffected by the upcoming price adjustments.
 

Any orders that clear Chinese customs on or before March 31, 2026, will still benefit from the current export tax rebates. To ensure you can take full advantage of these rates before the adjustments in the second quarter, we recommend finalizing your shipment plans as soon as possible. It may also be a good time to consider increasing your safety stock before the price changes take effect. Our team is fully available to coordinate closely with you to support your schedule.