Basically Subject says it all.
Tried to Google as to whether I ( I am an individual, not a company) needed to pay GST after 1/7/18 on used/second hand items, purchased for personal use, from an overseas vendor but could not find an answer.
An example would be used books from Amazon, Thriftbooks etc. which I purchase relatively often. Previously not a bother as way under $1000 but now????
Would appreciate some clarification from members, thanks.
yes but new laws don't factor that in, as a private seller on ebay US, at checkout ebay US collects GST.
My understanding is if private sale, no GST payable. From a dealer then GST payable.
new laws do a blanket collection, ie anything sold on ebay USA gets GST added at checkout.
Right, and in this case eBay would be considered the "dealer" who facilitated the sale, therefore GST is payable.
Private, non-Paypal (assuming they'll be collecting soon too) such as Gumtree no probs. I gave a guy a $10 note for a 33 disc box-set recently > Zilch for Turn-bullshit :)
Its only overseas sellers they are collection. Local sellers ebay isn't collecting for.
I think GST has to be collected and sent to the ATO by businesses who have more than $75000 Australian sales. Also selling platforms like eBay and freight forwarders like myUS have to collect GST and transfer it to the ATO.
If you buy privately from someone overseas for less than $1000 (not on eBay, Amazon) and don’t use a freight forwarder you should not have to pay GST at point of sale or at the border.
http://sjm.ministers.treasury.gov.au/media-release/056-2017/
It's all managed by the ATO. Just like an Australian business, overseas businesses who directly sell to Australian customers on low valued goods (<$1000AUD) are now 'obliged' to register for GST, charge GST and remit that GST to the ATO lest they be punished, somehow, through a complicated chain of tax treaty laws. This also includes businesses acting as shipping forwarders. All the large ones (eg Shipito) are registering and charging GST. In other words the cost of management and collection of this new tax has been passed onto those international businesses.
Just to see if I've got this right…..isn't this only for (overseas) companies having more than $75000 AUSTRALIAN sales?
That's how I read it
Thanks for all replies, Damn Gerry!!
This is not regarding second hand but would like to know what's what.
Anyone know whats happening with gst i get regular items sent from overseas yet not charged any gst.
But if you order through ebay and certain sites they charge the gst up front.
Yet smaller companies don't.
So what happens if i send stuff from overseas to myself and i book and pay from here using the overseas site and having family organize the package pack etc ready.
How does gst work there?
As i yet to be charged anything on gst only if ebay and the likes.
If they are expecting companies to do this for them or they not set up or cant be bothered then passes through.
If so does it still go as the $1000 before changes made im confused.
And if its the $1000 as before does this include shipping do they add shipping on value?
So you pay gst on both shipping and value of goods if under $1000 or just gst on value of items if they are under a $1000.
I believe you pay gst on shipping and value if over $1000.
But are they set up for claiming gst on anything smaller than the new gst as numerous people i know dont get charged and i have not either.
If they're in the business of selling it, yes. GST doesn't depend on if something is second-hand or not, it depends on whether it's basically in the course of business.