64 Jolimont Street, East Melbourne VIC 3002

Accounting News

Does your business import or export goods and services?

Note about GST in relation to importing and exporting.

 

 

The Australian Taxation Office reminds business owners that if your business imports or exports goods or services in Australia, it is important to be aware of your GST responsibilities so you can get the right information on your business activity statement (BAS).

Exports from Australia are generally GST-free, but special conditions apply in some situations. For example, if it takes longer than 60 days for you to receive payment for your exports, then GST could be charged.

Have the goods physically left Australia?

 

AcctWeb

Article Date: June 7, 2017

April - June 2017 Archive



W Marshall & Associates 64 Jolimont Street, East Melbourne VIC 3002

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