bsp;                                  (Cost + profit)
   Composite assessable value = --------------------------
                                 (1-Consumption Tax rate)
Article 8
      Taxable  consumer  goods  sub-contracted  for  processing  shall  be assessed according to the selling price of similar consumer goods  of  the sub-contractor. If the selling price of  similar  consumer  goods  is  not available, the tax shall be assessed according to the composite assessable value. The formula for computing the  composite  assessable  value  is  as
follows:
                                (Cost of material + Processing fee)
  Composite assessable value = -------------------------------------
                                    (1 - Consumption Tax rate)
Article 9
     Imported taxable consumer goods which adopt the rate on value  method in computing the tax payable shall be assessed according to the  composite assessable value. The formula for computing the composite assessable value is as follows:
                              customs dutiable value + Customs Duty
Composite assessable value = --------------------------------------
                                    (1 - Consumption Tax rate)
Article 10
     Where the taxable value of the taxable consumer goods of the taxpayer is obviously low and without proper justification, the taxable value shall be determined by the competent tax authorities.
Article 11
     For taxpayers exporting taxable consumer goods, the  Consumption  Tax shall be exempt, except as otherwise determined by the State Council.  The measures for  exemption  of  exported  taxable  consumer  goods  shall  be regulated by the State Administration for Taxation.
Article 12
      Consumption  Tax  shall  be  collected  by  the   tax   authorities. Consumption Tax on the importation of  taxable  consumer  goods  shall  be collected by the customs office on behalf of the tax authorities.
     Consumption Tax on taxable consumer  goods  brought  or  mailed  into China by individuals shall be  levied  together  with  Customs  Duty.  The detailed measures shall be formulated by the Tariff  Policy  Committee  of the State Council together with the relevant departments.
Article 13
     Taxpayers selling taxable consumer goods and  self-producing  taxable consumer goods for their own use, except otherwise as  determined  by  the State, shall report and pay tax to the  local  competent  tax  authorities governing the taxpayers.
      For  taxable  consumer  goods  sub-contracted  for  processing,  the Consumption Tax due shall be paid to the local competent  tax  authorities where the sub-contractors are located.
     For imported taxable consumer goods, the tax shall  be  reported  and paid by the importers or their agents to the  customs  offices  where  th