CORRECT: Government to impose GST on low-value online retail purchases from October 2019

Mon, 30 Apr 2018

(Fixes timing in headline, 2nd paragraph) By Paul McBeth May 1 (BusinessDesk) - The government plans to impose goods and services tax on small online retail purchases which have previously been ignored by officials because it was too expensive to pursue, making foreign suppliers collect the tax and dropping some border duties for the buyer. Revenue Minister Stuart Nash and Customs Minister Meka Whaitiri today announced the change at boutique Wellington bookstore Unity Books. From October 2019, GST will be applied on goods bought overs...

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