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Australian e-commerce and GST

Low value importation threshold - reduce it, remove it altogether, or leave as is?


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Deloitte , Australian e-commerce and GSTThe AU$1,000 low value importation threshold (LVIT) for GST has been the subject of intense debate lately.

Some Australian retailers and their representative bodies are seeking a reduction in the threshold, citing the unfair commercial advantage overseas retailers are obtaining when selling goods to Australian customers, primarily through online transactions.

The opportunity for Australian retailers to play on a level playing field is unlikely to come solely from a lowering of the LVIT, especially as a high proportion of common online purchases fall far below the $1,000 threshold.

In this publication we provide context to the debate by outlining the operation of the LVIT, highlighting the operation of mechanisms similar to the LVIT in other VAT/GST regimes and considering the next steps for Australian retailers.

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