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Consumption Tax (CT)
A consumption tax is applied to certain types of consumer goods and is incurred by parties which import consumer goods or manufacture/process consumer goods. The tax is aplied at the time of importation or the time sold by producers.  In situations where consumer goods are manufactured for export, a deduction may apply.  The CT can range from 3% to 45% and is applied to the sales price and/or sales volume.  There are eleven categories of applicable consumer goods which include: tobacco, alcohol, cosmetics, skin/hair products, jewels/pearls/jade, fireworks, gasoline, diesel fuel, auto tires, motorcycles, cars.  The CT calculation for each category vary greatly and a tax advisor should be consulted in the calculation procedures.