Australia Consultation on Applying GST to Low Value Goods Imported by Consumers
The Australian government has released draft legislation that, from 1 July 2017, will require overseas vendors, electronic distribution platforms, and goods forwarders to account for GST on sales of low value goods to consumers in Australia. Similar legislation for GST on cross border digital supplies has already been adopted ({News-2016-05-12/A/2- previous coverage}).
The changes include:
- Ma…