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Change to GST
2/7/2018
From 1st July 2018, the Goods and Services Tax (GST) may apply to goods with a customs value of $1,000 or less (low value goods) when imported from overseas by consumers in Australia.
Vendors, including merchants, electronic distribution platforms (EDPs) or re-deliverers, that meet GST registration requirements will be required to charge and collect GST at the point of sale on eligible goods with a customs value of $1,000 or less. In most circumstances, goods under $1,000 will be purchased and shipped as the currently do through self-assessed clearance declarations. There will be no changes to border clearance processes or to the movement of goods across the border. The $1000 threshold for reporting and collection of duties and taxes at the border will also remain.
For most regular clients, the change will not affect operations.
For more information, we urge anyone to visit www.homeaffairs.gov.au and www.ato.gov.au/ausGST
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