Australia: GST liability, low value imported goods | KPMG | GLOBAL

Australia: GST liability for offshore sellers, low value imported goods

Australia: GST liability, low value imported goods

Beginning 1 July 2018, offshore sellers, online marketplaces, and re-deliverers will be liable for goods and services tax (GST) on “low value” goods—valued at less than $1,000*—imported by Australian “end consumers.”

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*$ = Australian dollar

Australia’s independent research and advisory body issued a report that examines the rules for GST on low value imported goods. One conclusion from the report is that businesses and online marketplaces selling low value imported goods into Australia need to make sure that their system setup and terms of business are sufficient to determine compliance from 1 July 2018.

 

Read a November 2017 report prepared by the KPMG member firm in Australia

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