The "12Th Five-Year" Will Gradually Abolish The Consumption Tax On Cosmetics And Jewellery.

Gold jewelry 5%, skin care products 6%, make-up and perfume 30%

We are most concerned about how much cheaper we can buy after we cancel these consumption taxes.

"The consumption tax on cosmetics and jewellery will be phased out in 12th Five-Year?"

Previously, "the state has drafted the Adjustment Bill of cosmetics, jewellery, leather goods consumption tax" has been on the way of preparation, whether there will be a clear plan in 2011, after the abolition of the consumption tax, whether the cosmetics that are subject to 30% consumption tax will consider reducing the price. If the price of domestic cosmetics is reduced, it will mean that the price difference between Hongkong and China is getting smaller and smaller.

News: "12th Five-Year" will gradually abolish the cosmetics and jewelry consumption tax.

According to the official of the State Administration of Taxation, at present, the State Administration of taxation is in the process of reducing some commodities.

Unlike previous rumors, this time we have refined the category and implementation rhythm, for example, "the consumption tax on cosmetics will be abolished in the near future, and the consumption tax on gold and jewellery will be abolished in the long run".

Moreover, in terms of diction, it is also very decisive that it will "abolish" the consumption tax instead of the commonly used conservative term "reduction" or "reduction".

Insiders revealed that although there were no specific time windows, there seemed to be some signs.

The end of February and the beginning of March should be the time for new products on the major cosmetics. I don't know why.

Some other agents who bought goods from Europe revealed that they would consider canceling the consumption tax when they heard the European brand negotiation.

Consumption tax: gold jewelry 5%, skin care products 6%, make-up, perfume 30%

What is the consumption tax? What is the extent of the levy? Most consumers do not know.

According to the person in charge of the market, at present, cosmetics, clothing, clocks, bags and so on are taxed on taxes. Customs duties are first collected when customs declarations are made, and value-added tax is added on the basis of customs duties. The luxury consumption tax is then collected on the basis of value added tax, and the sales price of the current market is obtained by agents.

Luxury goods such as cosmetics, watches and clocks and imported garments are different in terms of consumption tax, and the consumption tax amount is as high as 30%.

For cosmetics, 6% of skin care products, cosmetics and perfume are very high, reaching 30%.

The consumption tax of the gold and jewelry industry is slightly lower, and the unified levy is 5% in the retail channel.

Will abolition of consumption tax leave consumption in China?

Once upon a time, most of the friends around us got into the habit of buying luxury goods. They liked to go to Europe, America and Japan to sweep goods, which was much cheaper, and there was no reason to make big losses in domestic consumption.

For the country, because of the consumption tax, a lot of high volume consumption of luxuries has been lost. In order to levy a consumption tax, the customs and duties have also been lost together.

Will abolition of consumption tax change our consumption habits? Will we keep consumption in China?

"If there is not much difference between China and Hongkong, why do you want to buy it or buy it in Hongkong?"

That's true.

Yesterday, a cosmetics industry insider heard that "may have to abolish the consumption tax" after the news that once the abolition of the consumption tax, the make-up and perfume brand will have a great impact on the price, and how much the price will drop, how much will it drop, and what kind of impact will it have on the brand, and what kind of impact it will have on sales.

All brands need to consider.