Yes If gold and silver jewelry and other products are sold as complete sets of consumer goods, the consumption tax shall be levied in full according to the sales amount. The consumption tax rate of gold and silver jewelry, platinum jewelry, diamonds and diamond jewelry is 5%; The consumption tax rate of other precious jewelry and jewels and jade is 10%.

Emerald pays consumption tax:

1. The consumption tax on jewelry and jade shall be paid by the retailers in the retail link.

2. Consumption tax is the general name of all kinds of taxes based on the turnover of consumer goods. This is a tax levied by the government on consumer goods. The collection link is single, and most of them are paid in the production or import link. Consumption tax is a typical indirect tax.

3. Consumption tax is an in-price tax, which exists as a part of the product price, and the tax is ultimately borne by consumers. Taxpayers of consumption tax are units and individuals that produce, sell, wholesale and import taxable consumer goods stipulated in the Provisional Regulations of People's Republic of China (PRC) on Consumption Tax.

4. Gold and silver jewelry includes all kinds of pure gold and silver jewelry and inlaid jewelry made of precious and rare materials such as gold, silver, platinum, precious stones, pearls, diamonds, jadeite, coral and agate, as well as other metals and artificial gem. The tax rate is production 10% and sales 5%.

5. Therefore, units and individuals engaged in the retail business of gold, silver and jewelry in People's Republic of China (PRC) are taxpayers of consumption tax on gold, silver and jewelry. The entrusted processing and consignment of gold and silver jewelry are also taxpayers. The retail business of gold and silver jewelry refers to the business of units and individuals (hereinafter referred to as business units) engaged in the production, processing, wholesale and retail of gold and silver jewelry with the approval of the People's Bank of China.

Legal basis: According to the schedule of consumption tax items and tax rates in the Provisional Regulations on Consumption Tax in People's Republic of China (PRC) (the State Council Order No.539 of the People's Republic of China), relevant laws and regulations stipulate: "The consumption tax rate of gold and silver jewelry, platinum jewelry, diamonds and diamond jewelry is 5%; The consumption tax rate of other precious jewelry, jewelry and jade is 10%. " It should be noted that the reason why it cannot be deducted is because the cost of inlay is not very high and the value added is not very large. If it is deducted at the purchase stage and then levied at the sales stage, the taxation cost is higher than the consumption tax, so it cannot be deducted.