GST on sub $1000 imports .................

[Wasp]

Got some freight in today . This are the standard charges for any size shipment ( exl. freight  and exl GST ) .Just as a sample , to show the impact .
Customs import declaration Fee       $83
Handling Fee                                     $48
Import Doc Disbursment                  $86
EDI Fee  (ICS)                                   $15
CMR Complience Fee                         $25
Import Terminal Fee                          $85
Agency  Airfreight Entry                    $125
Postage and Petties                         $6

Actual airfreight of $20 per kg will now go on top (the same charges apply if you enter5kg or 1000 kg) and when we have the subtotal it will be added to the value of the goods  and 10% on that amount is also payable . They have to abolish this one sided treatment or make everybody pay the same . One or the other . As it is,many  operators are suffering or will hit the wall sooner or later if they dont do anything about it .

[80-85 husky]

Gold currently trading at 1690 / troy ounce, never rally slowed down too much. investment died totally but if you were producing ..The Datsun 200B for you

[tony27]

Yeah but at least I'm not considered a third class citizen here yet
Do like our golf courses that we call tracks though

[Rossvickicampbell]

yep Husky - agree with you - gold looking buoyant around $1700 currently and if the boys up North keeping pushing each other will only go further. Not really interested in the foreign companies you refer to Tomas when new Australian companies are getting off the ground and rebooting the industry and record tonnages going through the iron ore ports to make up for the lower revenue to be returning record profits and taxes.  Pink glasses - mmm don't know really.

[Wasp]

Buying metals to make money is  IMO the wrong motivation . Buying metals is to keep your money    Especially when the US and European money printing bubble will burst . That is now overdue since 2008 . But maybe it will all come at once now . The currant system can only survive as long as people believe in it ,and those days are running out fast . So many factors now , best stay put and watch it all develop  from the balcony .

[Tomas]

$= USD,CAD,NZD ? I was refering to USD per troy ounce. Which is used as a bench mark. Sure you can make the gold price look beter when you quote cost per ounce in Taiwanese Dollars but people may laugh at you and think you are uneducated Ross.You dont seem to be up to date when it comes to this Ross. Are you refering to Australian companies such as Ford, Holden or Toyota rebooting? Such companies create jobs for thousands of people direct and indirect. Mining company offers perhaps a few hundred jobs when mines are operational. Yep record tonnage for low price. Keep your hopes up if you wish
 
Anyways the prices you quoting Wasp are for an ebay purchases or company orders? I doubt that ebay purchases would have more than some GST and maybe import charge added that you may pay when you pay for your items. Well we just have to wait till July 1 and than start buying like crazy and see what happens

[jimg1au]

so if i buy a 40pound second hand part in the uk get it shipped to australia for another 40.00 pound what will it cost me in the future
54.00 p to 1 aus$ at the moment with pay pal
thanks

[Tomas]

80GBP=AUD148+AUD14.80(10%GST)=AUD162.80 from July 1 2017 I belive
https://www.treasury.gov.au/~/media/Treasury/Consultations%20and%20Reviews/Consultations/2016/Applying%20GST%20to%20low%20value%20goods%20imported%20by%20consumers/Key%20Documents/PDF/Q_and_A_Applying_GST_to_low_value_goods.ashx

[Mick D]

So will this apply to second hand parts under a $1K as well?

[Gippslander]

Jimg - you are paying 80 pound so it will go up 10% to 88 pound

[Rossvickicampbell]

Tomas - I am actually in the industry so maybe know a little more than you give me credit for - and if you have to ask which companies maybe you are the one not up to speed - and I am not talking a couple of hundred people either - especially with the flow on.  But you keep your black hat on - the sort of reasoning which will really advance us.

Cheers - I am out of here.

[Tony Two Times]

Fukn pollies.

"Free market" my arse.

If your going to be interventionist at least be honest about it.

One set of rules for the big boys and the rest of us pay up.

Viva la revolution!!

[Mick D]

I reckon

[Gippslander]

Australian Associated Press6:24PM April 21, 2017

The federal opposition believes the government should postpone slapping GST on items bought from overseas that cost $1000 or less.

The Turnbull government wants to introduce the tax on low-value imported goods from July 1.

Shadow Treasurer Chris Bowen supports the change in principle but accused the government of botching the implementation.

[LWC82PE]

http://www.news.com.au/finance/business/retail/amazon-alibaba-ebay-and-etsy-may-block-australian-users-if-controversial-online-gst-changes-go-ahead/news-story/3a2d62515b247fc79b927f1db0696ba4