on โ06-08-2020 11:33 PM
Solved! Go to Solution.
on โ07-08-2020 09:15 PM
Sliiiightly longer answer:
The listing price of an item listed on eBay is not the price upon which GST is required to be collected by eBay. It is the sale price that is applicable. Also bear in mind that if there's not a large margin between your offer and $1000 (converted AUD from the offer in USD), it may be that at the time of payment, the price has just nudged over the $1000 mark due to fluctuating conversion rates. When dealing with low-value imported goods that are listed/sold in a foreign currency, the amount payable in AUD (at the time when payment is made) is the relevant amount.
on โ06-08-2020 11:46 PM
Short answer - yes
on โ07-08-2020 09:15 PM
Sliiiightly longer answer:
The listing price of an item listed on eBay is not the price upon which GST is required to be collected by eBay. It is the sale price that is applicable. Also bear in mind that if there's not a large margin between your offer and $1000 (converted AUD from the offer in USD), it may be that at the time of payment, the price has just nudged over the $1000 mark due to fluctuating conversion rates. When dealing with low-value imported goods that are listed/sold in a foreign currency, the amount payable in AUD (at the time when payment is made) is the relevant amount.
on โ08-08-2020 11:20 AM
on โ08-08-2020 11:47 AM
Thanks everyone!
I was just making sure I won't be pinged twice for GST.
on โ08-08-2020 03:13 PM
It is most unlikely but as long as you can produce the first receipt showing that it is already paid you will not have to pay again.
on โ08-08-2020 03:15 PM
That makes sense, thanks so much!