Customs agency dragging the chain on offshore GST: retailers

Mon, 16 Nov 2015

By Pattrick Smellie Nov. 16 (BusinessDesk) - The New Zealand Customs Service is dragging the chain on moves to collect goods and services tax on imports of physical goods in the same way as the sales tax will be levied on e-commerce transactions from October next year, says Booksellers NZ, the national lobby group for book stores. Revenue Minister Todd McClay announced today the tax department will be collecting revenue from October next year on low value e-commerce transactions for items such as e-books, streaming music and TV-on-demand,...

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