The New Rule issued by the Australian Taxation Office - From 1 July 2018, Goods and Services Tax (“GST” ) at 10% will apply to sales of low value imported goods made to consumers in Australia. This applies to merchants that sell directly, and other entities like online marketplaces (electronic distribution platforms) and re-deliverers ("Suppliers") who sell to consumers in Australia. This change affects physical goods valued at A$1,000 or less, items like clothing, cosmetics, books and electronic appliances. If one meet the registration turnover threshold of A$75,000 and make these supplies, one will be required to register for GST and perform filing. This rule is issued by the Australian Taxation Office under the background of frequent global trade and rapid development of e-commerce.
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