Legal analysis: Taxpayers who retail gold and silver jewelry should turn taxable sales into VAT-free sales. Taxable amount = component taxable value of gold and silver jewelry × consumption tax rate.

Legal basis: Measures for the Administration of the Collection of Consumption Tax on Gold and Silver Jewelry Article 2 If a business unit concurrently engages in the production, processing, wholesale and retail business, it shall separately account for the sales amount. If it is not accounted for separately or is not clearly divided, it will be regarded as retail.