(1) Taxpayers
The taxpayers of Consumption Tax include all enterprises, units,
household businesses and other individuals engaged in production
or importation of taxable consumer goods within the territory of
the People' s Republic of China. The taxable consumer goods exported
by the taxpayers are exempt from Consumption Tax, unless the taxable
consumer goods are restricted by the State from exportation.
(2) Taxable items and tax rates
Table of Consumption Tax Taxable Items and Rates
| Taxable items |
Tax rates (tax amount)
|
Comments |
| 1. Tobacco (1)
Grade A Cigarettes (2) Grade B Cigarettes (3) Grade
C Cigarettes (4) Cigars (5) Cut tobacco |
50% 40% 25% 25% 30% |
|
| 2. Alcoholic drinks and
alcohol (1) white spirits made from cereal (2) white spirits
made from potatoes (3) yellow spirits (4) beer (5) other alcoholic
drinks (6) alcohol |
25% 15% 240 yuan per
tonne 220 yuan per tonne 10% 5% |
|
| 3. Cosmetics |
30% |
|
| 4. Skin-care and hair-care
products |
8% |
Perfumed soap currently
taxed at 5% |
| 5. Precious jewellery,
pearls, precious jade and stones (1) Gold and silver jewellery
(2) Other jewellery, pearls, precious jade and stones |
5% 10% |
|
| 6. Firecrackers and Fireworks
|
15% |
|
| 7. Gasoline (1) Unleaded
(2) Leaded |
0.2 yuan per litre 0.28
yuan per litre |
|
| 8. Diesel |
0.1 yuan per litre |
|
| 9. Motor Vehicle Tyres
|
10% |
|
| 10. Motor-cycles |
10% |
|
| 11. Motor cars |
3%,5%,8% |
Rate applied on the basis
of the type and cylinder capacity of the car |
(3) Computation of tax payable
The computation of Consumption Tax payable shall follow either
the ad valorem principle or quantity-based principle. Generally,
the producers of taxable consumer goods are the taxpayers and the
Consumption Tax shall be paid on sales of the goods by the producers.
The computing formula is:
a. Tax payable =sales amount of taxable consumer goods กม Applicable
tax rate , or
b. Tax payable = sales volume of taxable consumer goods กม Tax amount
per unit
Imported taxable consumer goods to which Ad valorem method is applied
in computing the tax payable shall be assessed according to the
composite assessable price and the applicable rate.
|
