From January 1, 2022 to December 31, 2025, the following cross-border taxable activities of domestic units and individuals will be exempted from VAT:
(1) product liability insurance with export goods as the subject matter of insurance;
(2) product quality assurance insurance with export goods as the subject matter of insurance.
The collection and administration of VAT for the above-mentioned cross-border taxable activities of domestic units and individuals shall be implemented in accordance with the current regulations on the administration of VAT exemption for cross-border taxable activities. Matters that have occurred before and have not been dealt with shall be implemented in accordance with the provisions of this Announcement; The relevant taxes already paid shall not be refunded.