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Which part of gold and silver jewelry wholesale and retail needs to pay consumption tax?
retail

Consumption tax is not levied on jewelry and jadeite retail, but value-added tax is levied on production, and the tax rate is 10%. However, gold and silver and gold-based and silver-based alloy jewelry, as well as gold and silver and gold-based and silver-based alloy inlaid jewelry, including diamonds and diamond jewelry, are subject to consumption tax at the retail level, and the tax rate is 5%.

The Official Reply of State Taxation Administration of The People's Republic of China on the Collection of Consumption Tax on Retail Forged Gold Jewelry (Guo [1996] No.727) stipulates that the scope of gold and silver jewelry subject to consumption tax in retail links does not include gold-plated (silver) jewelry, gold-plated (silver-plated) jewelry and inlaid jewelry, among which gold-plated (silver-plated) jewelry is used.