Precious jewelry and jewelry jade are divided into two categories, one is gold and silver jewelry, platinum jewelry, diamonds and diamond products, which are subject to consumption tax at the retail stage, and the other is jewelry and jewelry jade, which are subject to consumption tax at the production stage with the tax rate of 10%.

Therefore, diamond jewelry, gold and silver jewelry and platinum jewelry produced with taxed jewelry and jade as raw materials shall not be deducted from the consumption tax paid-for those who pay consumption tax in the retail sector.

Precious jewelry, jewels and jade purchased and paid consumption tax by foreign countries in the production process can be deducted from the paid consumption tax. -consumption tax in the production process.