It is understood that after the tax rate is lowered, the export tariff standards for high-end jewelry such as jade, red, sapphire and diamond are raw materials 15% and finished products 5%, while the previous tax rates were raw materials 30% and finished products 15% respectively. The import tariff of similar jewelry raw materials was also reduced from 30% to 15%, while the tax rate of finished products was reduced from 10% to 5%.
Jade jewelry transactions need to pay 10% consumption tax and value-added tax (the general taxpayer's tax rate is 17%, and the small-scale taxpayer's value-added tax rate is 3%). Consumption tax (consumption behavior tax) is the general name of all kinds of taxes that tax the turnover of consumer goods.
The tariff is 3%, which is the largest jadeite stone in Myanmar, with value-added tax 13% and consumption tax 10%.
Then there are fewer sources of jadeite, most of which are imported from other countries. At present, the origin of jadeite processing in China is mainly in Myanmar. The tariffs on luxury goods imported from abroad will naturally be very high, which will increase the value of jade in disguise. There is also the hype of the business.
For goods approved by the customs for tax reduction or exemption, the certificate of tax reduction or exemption signed by the customs shall be submitted, and foreign-funded enterprises in Beijing shall submit a list of imported equipment issued by the customs separately; 2. Import and export goods under processing trade contracts that have been filed with the customs shall be submitted to the Registration Manual issued by the customs.