on 29-06-2017 12:13 AM
Normally in Australia, a buyer will be invoiced with a 10% premiumn added, stated as GST, with the exception of sellers not being GST registered within Australia. As Ebay sends the defult invoice, will they be modifying them after 01/07/17 to show the GST component value the buyer must pay?
OR; Will Ebay simply take the 10% from the sales value, so the seller ends up paying the GST as a condition of using Ebay to conduct their sales?
If the seller is GST registered, then they can have the GST value added to the tax invoice, in which case the buyer must pay the added value that will be passed onto the ATO during the sellers GST accounting, rather than Ebays GST accounting.
Am I on the right track here?