GST will apply to low value imports
From 1 July 2017, the GST will apply to low value goods imported by consumers.
The intent of this measure is that low value goods imported by consumers will face the same GST regime as goods sourced domestically.
Overseas suppliers that have an annual Australian turnover of $75,000 or more will be required to register for GST and remit GST for low value goods supplied to Australian consumers.
The arrangements will be reviewed after two years to ensure they are operating as intended and to take account of any international developments.
Note: This change will require the unanimous agreement of the states and territories.