On 24 Aug 2002 at 19:32, Peter L. Peres wrote:
> On Sun, 25 Aug 2002, Roman Black wrote:
>
> >Is this how it works in NZ?? You said ANYONE, so
> >even US customers etc have to pay you NZ GST when
> >they buy from you?? I can't imagine that being good
> >for the NZ economy.
>
> There is usually an arrangelent for the remote customer to recover
> GST. Never heard of anyone using it anywhere.

I beleive that if you buy stuff when visiting Singapaore you can
claim the GST back at the airport when you leave.

When I buy electronic components from Aussie I don't pay Aussie GST.
As an importer though I must pay the appropriate NZ GST and sales
taxes on these items, unless the GST amounts to less than $50 then
the IRD does not bother to collect it.

When I sell stuff to Aussie I am not entitled to add GST to the
total.

For NZ'ers the GST buck starts and stops here in NZ. It gets passed
on and increased each time the goods change hands till the end
customer pays for it.

It seems to work OK, and being across the board it's not too hard to
follow. Here's a cool trick though: sign up to buy a farm (as a
business venture) and you can get the GST back before you've paid it!

--
Brent Brown, Electronic Design Solutions
16 English Street, Hamilton, New Zealand
Ph/fax: +64 7 849 0069
Mobile/txt: 025 334 069
eMail:  brent.brown@clear.net.nz

--
http://www.piclist.com hint: To leave the PICList
mailto:piclist-unsubscribe-request@mitvma.mit.edu