1. Standard gold is stipulated in the Administrative Measures for the Collection of Value-added Tax on Gold Futures Trading of Shanghai Futures Exchange, that is, gold ingots, bars and nuggets with purity and specifications meeting the following standards:
Color: AU9999, AU9995, AU999, AU995.
Specification: 50g, 1 00g,1kg, 3kg,12.5kg. ..
Therefore, the standard gold must be gold ingots, gold bars, nuggets and other gold raw materials that meet the above colors and specifications.
2. A gold with fineness of 30g of AU9999 and a gold with fineness of 50g of AU998 do not belong to the standard gold specified above.
3.SGE is the English abbreviation of Shanghai Gold Exchange, and the English abbreviation is SGE. The standard gold traded in Shanghai Gold Exchange is marked with SGE mark on the gold, but for the standard gold specified above, it is not required to mark SGE mark on the gold. We understand that gold ingots, bars, nuggets and other gold raw materials are standard gold as long as they meet the above colors and specifications. Therefore, a piece of gold with a fineness of AU9999 and a specification of 50 grams, even if it is not marked with SGE, should belong to standard gold.
4. According to the Provisional Regulations of People's Republic of China (PRC) on Consumption Tax, the sale of gold (non-gold ornaments) does not fall within the scope of consumption tax determined by the regulations and the State Council, so consumption tax is not paid.