When Do I Need To Pay GST For Imported Goods?
CONSUMER IMPORTING GOODS
- Personal Articles
- Food preparations
- Dutiable Products
GST ON IMPORTED GOODS
GST need not to be paid for goods (except for dutiable products) with CIF value not more than $400.
The CIF value is more than $400, the entire sum will be subject to GST.
WHEN DO I PAY FOR GST AS A CUSTOMER
Total Value Of Goods
No. The CIF value is not more than $400.
Yes. The CIF value is more than $400.
GST payable = $450 X 7% = $31.50