1 thought on “Gold and silver jewelry consumption tax rate”

  1. Legal analysis: With the approval of the State Council, the consumption tax of gold and silver jewelry (including platinum jewelry) is levied by a 10%tax rate at a tax rate of 5%. The scope of reduction of 5%of the consumption tax is limited to gold, silver and gold -based, silver -based alloy jewelry, as well as inlaid jewelry of gold, silver and gold, and silver -based alloy. Taxable jewelry within the above scope still levies consumption tax at a 10%tax rate.
    Legal basis: "Interim Regulations on Consumption Tax"
    Ist Article 1 Units and individuals stipulated in the production, entrusting processing and importing consumer goods stipulated in the regulations of the People's Republic of China, as well as consumer goods stipulated by the State Council's sales regulations determined by the State Council Other units and individuals, taxpayers for consumption tax, shall pay consumption taxes in accordance with these regulations.
    The taxable consumer goods sold by taxpayers, and self -produced and self -employed consumer consumer goods, in addition to the State Council's financial and tax authorities, shall be provided in the competent tax authority of the taxpayer's organs or the place of residence. Tax declaration. In addition to the entrusted processing of taxable consumer goods, in addition to the entrustment as an individual, the taxation tax tax tax on the location of the trustee or the place where the residence is located or residential. Imported taxable consumer goods shall declare taxes on customs customs customs.

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