According to the Provisional Regulations of People's Republic of China (PRC) on Consumption Tax (the State Council Order No.539 of the People's Republic of China): "The consumption tax rate of gold and silver jewelry, platinum jewelry and diamonds and diamond jewelry is 5%; The consumption tax rate of other precious jewelry, jewelry and jade is 10%. "

1, gold and silver jewelry, platinum jewelry and diamonds and diamond jewelry 5%

2. Other precious jewelry and jewelry jade 10%

Consumption tax is not levied on jewelry and jadeite retail, but value-added tax is levied on production, and the tax rate is 10%. However, gold and silver and gold-based and silver-based alloy jewelry, as well as gold and silver and gold-based and silver-based alloy inlaid jewelry, including diamonds and diamond jewelry, are subject to consumption tax at the retail level, and the tax rate is 5%.

Provisional Regulations of People's Republic of China (PRC) Municipality on Consumption Tax

Article 2 The items and tax rates of consumption tax shall be implemented in accordance with the Table of Items and Tax Rates of Consumption Tax attached to these Regulations.

The adjustment of consumption tax items and tax rates shall be decided by the State Council.

Article 3 Taxpayers operating consumer goods subject to consumption tax at different rates (hereinafter referred to as taxable consumer goods) shall separately account for the sales volume and quantity of taxable consumer goods at different rates; If the sales volume and quantity are not accounted separately, or taxable consumer goods with different tax rates are sold as complete sets of consumer goods, the higher tax rate shall apply.

Taxable consumer goods sold by taxpayers and taxable consumer goods produced by taxpayers for their own use shall be declared and paid to the competent tax authorities where the taxpayer's account is located, unless otherwise stipulated in the State Council.

Taxable consumer goods entrusted for processing, except for personal processing, shall be collected and remitted by the entrusted party to the local competent tax authorities. Taxable consumer goods processed by individuals shall be declared and paid by the competent tax authorities at the place where the entrusting party is located or domiciled.

When importing taxable consumer goods, the importer or his agent shall declare and pay taxes to the customs at the place of declaration.

Taxpayers who sell or entrust their own taxable consumer goods to other counties (cities) shall, after the sale of taxable consumer goods, declare and pay taxes to the competent tax authorities where the institution is located or where it resides.

If the taxpayer's head office and branches are not in the same county (city), they shall declare and pay taxes to the competent tax authorities where their respective institutions are located (except cigarette wholesale); With the approval of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China or its authorized financial and tax authorities, the head office may report and pay taxes to the competent tax authorities where the head office is located.