Purchasing Parts From O/s Duty & Gst Change

[DAN00H]

Hi All

Not sure if anyone is already aware, but the $1000 duty free threshold (where you don't pay any GST or import duty on items costing less than $1000) is due to change at the end of this year. 2015 will see the threshold drop to $200 and 2016 it will be $0.

If you are thinking of getting parts in for a project or anything up-to $1000, it is best done this year if you want to avoid the Duty/ GST (anything from $225 upwards) plus additional cost of actually lodging an import declaration ($50 - $95+).

cheers

Dan00h

[Plattsy]

where are you getting the info from chief?

[DAN00H]

guess where I work...

PM if you want further clarification

Edited January 30, 2014 by DAN00H

[D.I.Y. Mik]

You work in the misinformation dept.

So.. anyone who buys a sparkplug or one $5 gasket will have to fill out an import declaration.

NOT FKN LIKELEY!

Are you crazy? Whoever told you this is full of shit.

Think it through, obviously you havent. Trade will die, people will get angry because they cant pay the rent anymore.

Tony Abbot would get lynched.

[Sinista32]

Perhaps "Gift" or "2nd hand" replacement part to get past regulation.

The Department of Missinformation may be correct

Need to hear and see from other sources prior to bagging out.

Current Govt is harsh.

Business wants to stop purchasing off web for all goods where Import duty / GST is NOT paid.

Could be substance to this information.

[zebra]

Official Link?

Cant find anything apart from tobacco tariffs going up.

[DAN00H]

You work in the misinformation dept.

So.. anyone who buys a sparkplug or one $5 gasket will have to fill out an import declaration.

NOT FKN LIKELEY!

Are you crazy? Whoever told you this is full of shit.

Think it through, obviously you havent. Trade will die, people will get angry because they cant pay the rent anymore.

Tony Abbot would get lynched.

now, now - don't be judgemental... I will overlook your rudeness as an unmetered emotional response.

Where I work doesn't matter, suffice to say the policy is being written now. This was an initive of the former (labour) Government and one that was already in the works and commited to when the current Government took office.

I don't like it anymore than you do, as I make purchases from O/S, it will impact me as well. You will still be able to import from O/S, however you will just pay more and the revenue collected by the States (not Fed Gov).

if you are not interested, or don't like what I have to say - don't comment.

[DAN00H]

Perhaps "Gift" or "2nd hand" replacement part to get past regulation.

The Department of Missinformation may be correct

Need to hear and see from other sources prior to bagging out.

Current Govt is harsh.

Business wants to stop purchasing off web for all goods where Import duty / GST is NOT paid.

Could be substance to this information.

Sorry, no - gifts and 2nd hand still subject to valuation and GST/ Duty.

I'm not a big poster and don't post for the 'fun' of it. don't like what I say - then ignore it. As for a link, see my post above, policy is being finalised and therefore not yet realised. I heard yesterday arvo.

Remember when all the retailers (especially HN) were ranting about $1000 imports killing business??? This is the result and why they are now quiet! (read - they got what they wanted, which was a reduction in the low value threshold - you can google the history)

[zebra]

This has been a long time coming.

Will wait for the final wording before I judge.

however if it is a blanket policy it will ruin my small business.

[DAN00H]

This has been a long time coming.

Will wait for the final wording before I judge.

however if it is a blanket policy it will ruin my small business.

As I mentioned above, you can still get things from O/S - it is just going to cost more for the privilege.

[zebra]

yes, but when you maybe make 10% as is.......

[DAN00H]

I totally agree and feel for you mate

[zebra]

Yeah.

oh well

Hopefully it wont last.....or at least let us have a riot about it

[Plattsy]

zeb, i might be able to help. what do you import and where from?

[zebra]

RC Bits,

Not often, only doing it for mates these days

But from the czech republic, china, HK Singapore etc

[Plattsy]

ahhh your typical countries...

only thing i can suggest is, if you can find them manufactured in north america, buy them from north america, as there is no duty/gst on item because of the agreement we have.

[zebra]

Ye, Works out well for bike bits

But do they need to be manufactured in the US, or just bought from?

[Plattsy]

Ye, Works out well for bike bits

But do they need to be manufactured in the US, or just bought from?

manufactured in mexico canada or us unforunatly.....

[zebra]

No worries.

MOAR Bike stuff!

[DAN00H]

it is LVT (low value threshold), so applies irrespective of where it originates from. if currently under $1000 then no duty/ gst - but will change.