Taxpayers processing and selling jewelry and jade should go through the identification procedures according to the current regulations on the identification of general VAT taxpayers. Anyone who is recognized as a general taxpayer shall be subject to VAT at the applicable tax rate, and VAT shall not be levied by simple method.
Special VAT invoices are only applicable to general taxpayers, and the current tax rates after the reform are as follows:
1 and 17% tax rate: applicable to selling or importing and exporting goods and providing processing and repair services;
2. 13% tax rate: grain, books, feed, agricultural products, resources, and other applicable provisions of the State Council;
3. Tax rate 1 1%: applicable to transportation, postal services, telecommunications services, construction (decoration, repair, installation, engineering services), financial leasing (real estate), operating leasing services (real estate), land use right transfer and sales of real estate (buildings and structures);
4. 6% tax rate: financial services, R&D and technical services, information technology services, cultural and creative services, logistics auxiliary services, forensic consulting services, radio and television services, life services, intangible assets sales, etc. ;
5.0% tax rate: applicable to export goods.