Catalytic oxidation of soot is of great importance for emission control on diesel vehicles. In this work, a highly active Cs/Co/Ce-Sn catalyst was investigated for soot oxidation, and it was unexpectedly found that high-temperature calcination greatly improved the activity of the catalyst. When the calcination temperature was increased from 500 °C to 750 °C, T50 decreased from 456.9 °C to 389.8 °C in a NO/O2/H2O/N2 atmosphere. Characterization results revealed that high-temperature calcination can promote the ability to transfer negative charge density from Cs to other metal cations in Cs/Co/Ce-Sn, which will facilitate the production of more oxygen defects and the generation of more surface-active oxygen species. Surface-active oxygen species are beneficial to the oxidation of NO to NO2, leading to the high yield of NO2 exploitation. Therefore, the Cs/Co/Ce-Sn catalyst calcined at 750 °C demonstrated higher activity than that calcined at 500 °C. This work provides a pathway to prepare high efficiency catalysts for the removal of soot and significant insight into the effects of calcination on soot oxidation catalysts.