4 January 2018
Cash flow is important to a business. If you have an import business, you may be eligible to defer your GST.
The deferred GST scheme offers you an opportunity to defer the payment of GST on your taxable imports into Australia. Instead of paying the GST upfront, you can defer the payment until the first activity statement you lodge after the goods are imported. If you do this, you must correctly report the subsequent on-sale of the goods in your activity statement.
To be eligible, you must:
You may not be eligible if:
Find out about:
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