Legal analysis: jewelry retail levy consumption tax. Units and individuals engaged in retail business of gold, silver and jewellery within the territory of People's Republic of China (PRC) are taxpayers of consumption tax on gold, silver and jewellery. The scope of gold and silver ornaments subject to consumption tax in retail links is limited to: gold, silver and gold-based and silver-based alloy ornaments, and gold, silver and gold-based and silver-based alloy inlaid ornaments. Business units engaged in production, processing, wholesale and retail business shall separately account for sales. Sales that are not accounted for separately, sales that are not accounted for separately or are not clearly divided are regarded as retail sales. Taxable consumer goods produced by taxpayers are taxed at the time of sale. Taxpayers produce taxable consumer goods for their own use for continuous production of taxable consumer goods.

Legal basis: Provisional Regulations on Consumption Tax of People's Republic of China (PRC) Article 4 Taxable consumer goods produced by taxpayers shall be taxed at the time of sale. Taxpayers who produce taxable consumer goods for their own use and use them for the continuous production of taxable consumer goods are not taxed; If it is used for other purposes, it will be taxed when it is transferred. Taxable consumer goods entrusted for processing shall be collected and remitted by the entrusted party at the time of delivery to the entrusting party, unless the entrusted party is an individual. The taxable consumer goods processed by the entrusting party are used for the continuous production of taxable consumer goods, and the tax paid is allowed to be deducted according to the regulations. Taxable consumer goods imported shall be taxed at the time of customs declaration.