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toip's avatar
toip
Experienced User
2 days ago

GST On Import of Services from Supplier who is below the ATO threshold for levying GST

Under the ATO's GST rules, companies supplying goods and services to customers in Australia must add the GST to the invoice. When importing goods, the GST & Customs charges are levied by the freight ...
Princess_R's avatar
Princess_R
MYOB Moderator
2 days ago

Hi toip,

 

Thanks for your detailed question. Since this relates to software services rather than physical goods, the GST treatment may vary depending on your business circumstances. It’s best to check directly with the ATO or your accountant to confirm how the transaction should be recorded.

 

Hopefully, one of our community members or experienced bookkeepers can share their practical insights on how they handle similar transactions.

 

Cheers,

Princess

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