25 September 2015
The Australian government has announced that from 1 July 2017 the low value import threshold of AUS $1,000, which allows imports of goods to be cleared GST and duty free, will be removed. This change will mean that imports below this threshold value will be subject to duty and GST.
After the removal of the threshold, overseas suppliers will have to register for GST if their annual sales to Australia exceed AUS $75,000.
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