Retailers call for GST on overseas sales

[Don McKenzie]

Retailers call for GST on overseas sales

STRUGGLING retailers want to spoil consumers' post-GFC party and put a tax on overseas spending.

With new research showing half of all Australians now shop online overseas, retailers have approached the Federal
Government to wind back the GST threshold on overseas goods from $1000 to $400 or even abolish the limit altogether.

Their latest push will target independents holding the balance of power in Federal Parliament, the Courier-Mail reports.

http://www.news.com.au/business/ret...n-overseas-sales/story-e6frfm1i-1225945906001

And read the 400+ comments that have been posted already:
http://www.news.com.au/business/ret...verseas-sales/comments-e6frfm1i-1225945906001

Cheers Don...

==================


--
Don McKenzie

Site Map: http://www.dontronics.com/sitemap
E-Mail Contact Page: http://www.dontronics.com/email
Web Camera Page: http://www.dontronics.com/webcam
No More Damn Spam: http://www.dontronics.com/spam

USB Isolator 1000VDC For Protecting Your PC OR Laptop
http://www.dontronics-shop.com/usb-iso-low-full-speed-usb-isolator.html

These products will reduce in price by 5% every month:
http://www.dontronics-shop.com/minus-5-every-month.html

 

[me here]

Retailers call for GST on overseas sales

STRUGGLING retailers want to spoil consumers' post-GFC party and put
a tax on overseas spending.

With new research showing half of all Australians now shop online
overseas, retailers have approached the Federal Government to wind
back the GST threshold on overseas goods from $1000 to $400 or even
abolish the limit altogether.

Their latest push will target independents holding the balance of
power in Federal Parliament, the Courier-Mail reports.

http://www.news.com.au/business/retailers-call-for-gst-on-overseas-sal
es/story-e6frfm1i-1225945906001

And read the 400+ comments that have been posted already:
http://www.news.com.au/business/retailers-call-for-gst-on-overseas-sal
es/comments-e6frfm1i-1225945906001

Cheers Don...

==================

If it wasn't for the net we'd be paying even more in shops for many
items.

Retailers have been forced to peg their prices to compete with the net.

I doubt it would be cost effectiive for the Govt to examine and
determine tax on every small item that comes into the country - hence
the existing structure. Then again I've sold stuff to Germany and they
do it.

Lets see what these red hot independents can fathom out - I just hope
they buy stuff off the net.





--

 

[Rob]

Retailers call for GST on overseas sales

STRUGGLING retailers want to spoil consumers' post-GFC party and put a
tax on overseas spending.

With new research showing half of all Australians now shop online
overseas, retailers have approached the Federal Government to wind back
the GST threshold on overseas goods from $1000 to $400 or even abolish
the limit altogether.

Their latest push will target independents holding the balance of power
in Federal Parliament, the Courier-Mail reports.

http://www.news.com.au/business/ret...n-overseas-sales/story-e6frfm1i-1225945906001


And read the 400+ comments that have been posted already:
http://www.news.com.au/business/ret...verseas-sales/comments-e6frfm1i-1225945906001


Cheers Don...

==================

Retailers want it all there own way. They don't pass on the margins of
the improved AUD. Maybe there needs to be another stimulus package to
prop up the retailers.

One instance is printer inks Epson cartridges at $350 ea - US price $250
or HK $250 freight is cheaper from HK.

Another example is cameras (one particular Digital SLR) Australian
wholesaler RRP $4800 inc GST street price $3600 online Aust shop $2300.

Who's fooling who????

 

[atec77]

Yep, same thing with glow plugs I just ordered for my diesel ute engine.

Genuine part $37 each
Motormate Aust - Bosch $22 each
UK Ebay shop - Denso $11 each (delivered to your door).

They are all basically the same and the genuine part is actually Bosch.

You need 4 so the savings are substantial.

So who's making all the money and crying poor?

Bloody rip off merchants.

add all the govco impost which basically double the cost here is still
cheaper so there is a fishy smell in Denmark

 

[me here]

Retailers want it all there own way. They don't pass on the margins
of the improved AUD. Maybe there needs to be another stimulus package
to prop up the retailers.

One instance is printer inks Epson cartridges at $350 ea - US price
$250 or HK $250 freight is cheaper from HK.

Another example is cameras (one particular Digital SLR) Australian
wholesaler RRP $4800 inc GST street price $3600 online Aust shop
$2300.

Who's fooling who????

Yep, same thing with glow plugs I just ordered for my diesel ute engine.

Genuine part $37 each
Motormate Aust - Bosch $22 each
UK Ebay shop - Denso $11 each (delivered to your door).

They are all basically the same and the genuine part is actually Bosch.

You need 4 so the savings are substantial.

So who's making all the money and crying poor?

Bloody rip off merchants.

--

 

[Mickel]

Retailers call for GST on overseas sales

STRUGGLING retailers want to spoil consumers' post-GFC party and put a
tax on overseas spending.

With new research showing half of all Australians now shop online
overseas, retailers have approached the Federal Government to wind back
the GST threshold on overseas goods from $1000 to $400 or even abolish
the limit altogether.

Their latest push will target independents holding the balance of power
in Federal Parliament, the Courier-Mail reports.

http://www.news.com.au/business/ret...n-overseas-sales/story-e6frfm1i-1225945906001


And read the 400+ comments that have been posted already:
http://www.news.com.au/business/ret...verseas-sales/comments-e6frfm1i-1225945906001


Cheers Don...

==================

Sounds fair enough to me except that it won't work because the sellers
always value the item at $2 for customs.

It's good to see the retailers squirm, they quite often make more profit
than the manufacturers per item yet provide little value (surely
actually making something should be valued higher than simply selling it).

 

[Rob]

Sounds fair enough to me except that it won't work because the sellers
always value the item at $2 for customs.

It's good to see the retailers squirm, they quite often make more profit
than the manufacturers per item yet provide little value (surely
actually making something should be valued higher than simply selling it).

Tell us about Woolworths and the farmers then!

How come you can buy overseas for less from a retailer and pay their tax
(sales/state etc).

 

[atec77]

Sounds fair enough to me except that it won't work because the sellers
always value the item at $2 for customs.

It's good to see the retailers squirm, they quite often make more profit
than the manufacturers per item yet provide little value (surely
actually making something should be valued higher than simply selling it).

There is a good deal of inequity in prices
I needed some batteries 18dcb2 for a cordless . local price is $165 each
Importing from the US I bought two delivered for $145.00 to my door from
the manufacturer
wtf ?

 

[Rod Speed]

Sounds fair enough to me except that it won't work because the sellers always value the item at $2 for customs.

Customs doesnt have to accept that valuation.

 

[Rod Speed]

Tell us about Woolworths and the farmers then!

How come you can buy overseas for less from a retailer and pay their
tax (sales/state etc).

You normally dont pay their sales/state taxes, those arent usually charged on exports.

 

[Rob]

You normally dont pay their sales/state taxes, those arent usually charged on exports.

Just expanding on what I said -
If your overseas and buying items from shop fronts and paying sales and
state tax the price is still cheaper to start with than here. Thats a
full retail sale.

As an example ASICS GEL-Kayano Running Shoe $140USD here $260AUD both
these prices include all taxes in the respective countries. Not quoting
them as a exported/imported item.

 

[Phil Allison]

"Rob"

Retailers want it all there own way. They don't pass on the margins of the
improved AUD. Maybe there needs to be another stimulus package to prop up
the retailers.

One instance is printer inks Epson cartridges at $350 ea - US price $250
or HK $250 freight is cheaper from HK.

Another example is cameras (one particular Digital SLR) Australian
wholesaler RRP $4800 inc GST street price $3600 online Aust shop $2300.

Who's fooling who????

** Fraid it is importers that set the prices for such goods - not
retailers - and they set each price at what will give them the best return
under local conditions of competition.

Overseas markets may have more or less competition than here an sometimes
prices vary wildly as a result.



..... Phil

 

[Rob]

Customs can value items at fair market value, and charge GST based on
that, regardless of what the claimed value is.
It's not the retailers who are making a fortune, it's the wholesalers.
Look at Clive Peeters, Chandlers, Retravision, Brashs etc. Electronic
goods are often 1/2 or lower in other markets, so if the retailers were
making 100-300% markups they wouldn't go bust so frequently. Typical
retail margins on electronics is under 10%. On things like XBOX,
playstation etc, they are getting down to 3% and less, so if you pay by
credit card the retailer gets SFA.

My first digital camera I bought in about 2000. I bought it in
Australia, at wholesale price, which at the time I thought was a good
price. Soon after I had a holiday in the US and saw the same camera in a
shop there. My airfares + US Retail Camera price was still cheaper than
the Australian wholesale price. IOW, forget postage, I could have flown
there, picked it up personally, and still paid less than wholesale
Australian price.

We are getting reamed, but it isn't the retailers. It is further up the
line.

Digital camera retail margins were only 12% here, manufactures pushed
cameras onto the distributors to sell, and some gave the distribution
away because there was not the profit in them for the investment outlay.

 

[Rod Speed]

Rob wrote

Rod Speed wrote

Just expanding on what I said -
If your overseas and buying items from shop fronts and paying sales and state tax the price is still cheaper to start
with than here.

Like I said, you normally dont pay their sales/state taxes, those arent usually charged on exports.

Thats a full retail sale.

Like I said, you normally dont pay their sales/state taxes, those arent usually charged on exports.

As an example ASICS GEL-Kayano Running Shoe $140USD here $260AUD both these prices include all taxes in the
respective countries.

Not with exported or out of state sales they arent.

Not quoting them as a exported/imported item.

It has to be exported/imported to 'buy from overseas'

 

[Trevor Wilson]

Retailers want it all there own way. They don't pass on the margins of the
improved AUD. Maybe there needs to be another stimulus package to prop up
the retailers.

One instance is printer inks Epson cartridges at $350 ea - US price $250
or HK $250 freight is cheaper from HK.

Another example is cameras (one particular Digital SLR) Australian
wholesaler RRP $4800 inc GST street price $3600 online Aust shop $2300.

Who's fooling who????

**In almost all cases, it is the importer who cops the lion's share of
currency shift profits. Retail, in general, is a very low profit business.
Naturally, there are standouts, but, in the main, they are products whose
retail prices are tightly (and possibly illegally) controlled.

 

[Clocky]

Sounds fair enough to me except that it won't work because the sellers
always value the item at $2 for customs.

It's good to see the retailers squirm, they quite often make more profit
than the manufacturers per item yet provide little value (surely actually
making something should be valued higher than simply selling it).

And often the service you recieve in Australia is pisspoor as well, so we
can't be paying extra for that.

 

[Rob]

Rob wrote


Like I said, you normally dont pay their sales/state taxes, those arent usually charged on exports.


Like I said, you normally dont pay their sales/state taxes, those arent usually charged on exports.


Not with exported or out of state sales they arent.

Thats correct

It has to be exported/imported to 'buy from overseas'

I'm quoting physically buying overseas. As in travel to another country
and buying from a shop front paying local and state taxes.

 

[John Tserkezis]

Retailers call for GST on overseas sales
STRUGGLING retailers want to spoil consumers' post-GFC party and put a
tax on overseas spending.
With new research showing half of all Australians now shop online
overseas, retailers have approached the Federal Government to wind back
the GST threshold on overseas goods from $1000 to $400 or even abolish
the limit altogether.

The retailers can get screwed.

I routinely bring in gear WITH GST paid from overseas that is cheaper
than buying it locally.
Sometimes obscenely cheaper. No really, I'm talking upwards of many
hundreds of dollars and I have to really wonder who is keeping it all.

If the retailers think GST on overseas purchases applied globally will
encourage local purchases, well, good luck with that.

If they want to play that game, bring it on.

 

[Polly the Parrott]

The retailers can get screwed.

I routinely bring in gear WITH GST paid from overseas that is cheaper
than buying it locally.
Sometimes obscenely cheaper. No really, I'm talking upwards of many
hundreds of dollars and I have to really wonder who is keeping it all.

Usually the wholesalers - importers.

Most retailers don't import themselves.

 

[atec77]

The retailers can get screwed.

I routinely bring in gear WITH GST paid from overseas that is cheaper
than buying it locally.
Sometimes obscenely cheaper. No really, I'm talking upwards of many
hundreds of dollars and I have to really wonder who is keeping it all.

If the retailers think GST on overseas purchases applied globally will
encourage local purchases, well, good luck with that.

If they want to play that game, bring it on.

Just looking for a reasonable spl meter , ebay $50 plus freight
local company same thing $495.00 (same meter)
one might be a copy but like a lot of stuff it's an odd price
differential