2 thoughts on “Sales a diamond ring, and the sales invoice is written with 10,000 yuan. How to calculate the consumption tax”
Timothy
Notice of the State Administration of Taxation of the Ministry of Finance on adjusting the issue of gold and silver jewelry consumption taxation links
If financial taxes [1994] No. 095 7. Taxation basis
( 1) Taxpayers sell gold and silver jewelry, and their tax calculation basis is sales without value -added tax. If the taxpayer's sales of gold and silver jewelry have not been deducted from VAT taxes, when calculating the consumption tax, it should be converted to sales without VAT taxes.
sales of gold and silver jewelry = sales containing value -added tax (1 VAT tax rate or levy rate)
Notice of the State Administration of Taxation of the Ministry of Finance on adjusting the issue of gold and silver jewelry consumption taxation links
If financial taxes [1994] No. 095
7. Taxation basis
( 1) Taxpayers sell gold and silver jewelry, and their tax calculation basis is sales without value -added tax. If the taxpayer's sales of gold and silver jewelry have not been deducted from VAT taxes, when calculating the consumption tax, it should be converted to sales without VAT taxes.
sales of gold and silver jewelry = sales containing value -added tax (1 VAT tax rate or levy rate)
The tax rate of diamonds is 10%
Principal × (1-10 %).