Calls for import GST threhold to be lowered - 6 June 2014
Friday, 06 June 2014
At present, there is a $1,000 threshold in relation to Australian import GST. Imports valued at less than this figure do not attract import GST. According to an analyst for Citi, if the threshold is lowered to $20, the result would be a boost to Australian retailers of more than $2.5 billion. To read more click here.