|
INTRODUCTION
The GST is a tax on most
items purchased within Australia and is set at 10%. All businesses
(with a few exceptions) providing goods and/or services, are obliged to
add 10% to the cost of their products.
The tax applies
only to those goods and services intended for use within Australia.
OUR PRODUCTS 'EXPORTED'
OVERSEAS CAN BE SOLD GST FREE
Goods sold to
overseas purchasers, eg. via the internet, can be provided free of GST.
This situation applies to those items that we actually send overseas.
It does not apply to goods delivered to anyone within Australia.
It is often the case with
smaller, higher priced items, eg. some of our more elaborate jewellery
boxes, that the saving on GST pays for the postage involved in us
'exporting' it.
CUSTOMERS MAY BE ABLE TO
CLAIM GST BACK (Tourist Refund Scheme (TRS))
On their
departure from Australia, customers taking goods out that are intended
as overseas gifts are able to claim a credit for the
GST paid on any purchase (of at least AU$300) from the one store. All
that is required as proof of purchase is a 'Tax Invoice' (our normal till
receipt) that shows the supplier's ABN (Australian Business Number), that
GST was paid on the goods, and how much the GST was.
A few conditions apply to
the process:
-
There must
have been at least AU$300 spent at the one retail outlet and a 'Tax
Invoice' for those goods is available for presentation to customs on
your departure.
-
The AU$300 may
be made up of several smaller items that total AU$300 or more.
-
The goods to
which the refund will be claimed must be carried with you as hand
luggage when leaving the country.
-
The refund is
claimed at TRS booths of international air terminals within Australia.
CALCULATING THE GST
All prices shown
on our web-site are inclusive of GST. As an example, a product selling
for $110 contains GST of $10, ($100 + 10% = $110).
To calculate the GST component of a retail price, take one-eleventh off the retail
price, eg.
$110/11 = $10 GST.
Further
information is available on request.
|
