Consumption tax is levied on gold and silver jewelry, diamonds and diamond jewelry according to the retail link, and the tax rate is 5%.

Tax basis:

1. Sales excluding VAT: sales of gold and silver jewelry = sales including VAT ÷( 1+ VAT rate 17% or collection rate of 3%)

2. Where gold and silver jewelry are sold together with packaging materials, regardless of whether the packaging materials are separately priced or not, and no matter how they are accounted for in accounting, they should be incorporated into the sales of gold and silver jewelry and be subject to consumption tax.

3. For gold and silver jewelry processed with materials, the tax basis shall be determined according to the sales price of similar gold and silver jewelry sold by the trustee, and the consumption tax shall be levied. If there is no sales price of similar gold and silver jewelry, the tax shall be calculated according to the composition of taxable value. The formula for calculating the taxable value of composition is: taxable value of composition = (material cost+processing fee) ÷( 1- 5% consumption tax rate of gold and silver jewelry).

How to pay the consumption tax?

I. Definition:

Consumption tax is the general name of all kinds of taxes with the turnover of consumer goods as the object of taxation. It belongs to the category of turnover tax. On the basis of the general collection of value-added tax on goods, a small number of consumer goods are selected to collect consumption tax again, so as to adjust the product structure, guide the consumption direction and ensure the national fiscal revenue.

2. taxpayer:

Taxpayers of consumption tax are units and individuals that produce, entrust, retail and import taxable consumer goods stipulated in the Provisional Regulations of People's Republic of China (PRC) on Consumption Tax.

Third, the scope of taxation:

The current scope of consumption tax collection mainly includes: cigarettes, alcohol, firecrackers, fireworks, cosmetics, refined oil, precious jewels and jade, golf balls and equipment, high-end watches, yachts, wooden disposable chopsticks, solid wood floors, motorcycles, automobiles, batteries, paints and other tax items, and some tax items are subdivided into several subheads.

Fourth, characteristics:

1, consumption tax items are selective. Consumption tax is levied on specific products stipulated in the tax law. That is, the state can choose some consumer goods purposefully and emphatically according to the requirements of macro-industrial policies and consumption policies, and appropriately limit the consumption demand of some special consumer goods, so it can be said that the tax adjustment of consumption tax is special;

2. Design different tax rates according to different products, and pay the same tax for the same product;

3. Consumption tax is an in-price tax and an integral part of price;

4. Consumption tax is levied in three ways: ad valorem fixed rate, ad valorem fixed amount and ad valorem compound collection;

1) Taxable amount assessed ad valorem = sales amount x applicable tax rate;

2) Taxable amount calculated by quantitative quota method = sales quantity x unit tax amount.

5. The consumption tax collection link is single;

6. The burden of consumption tax is finally passed on to consumers.

Is it necessary to pay consumption tax when the silver jewelry materials are provided to the processing factory for processing and sale? in fact