Home / Knowledge / News / Apparel/Garments / Aussie retailers demand GST level playing field
Aussie retailers demand GST level playing field
03
Dec '13
The National Retail Association (NRA) called on the Abbott Government to finish the work begun by its predecessors in levelling the GST playing field for Australian retailers.

NRA Chief Executive Trevor Evans said the previous Labor Government had conducted a review of the GST, which recommended closing the loophole around imported goods worth under $1000, saying the current system was open to “flagrant abuse”.

“Twelve months ago the Gillard Government ordered some business cases to look at how the GST could be collected on imported goods, and these studies have continued under the current government,” Mr Evans said.

“It’s time for this issue to be settled, and for the Federal Treasurer Mr Hockey to move to protect the integrity of the tax system. We look forward to prompt action following meeting of the State and Commonwealth Treasurers.”

Mr Evans dismissed claims the changes were simply about protecting “bricks and mortar” retailers from on-line competition.

“This impacts Australian-based on-line retailers in exactly the same way. It's not about clicks versus bricks, it's about Australian retailers of all kinds being disadvantaged by a loophole in our tax system.

“The only retailers able to exploit the loophole are those who operate off-shore.

“The only winners are overseas retail giants such as Amazon.com, while small Australian businesses are fighting with one hand tied behind their backs. It’s like a reverse tariff, and there is no good reason to allow it to continue.

“Australian retailers are not asking for an advantage over their competitors – just for our government to let us compete for business on a level playing field.”

Mr Evans also rejected suggestions any change would amount to a breach of the government’s promise not to increase the GST.

“The vast bulk of on-line purchases are consumer goods that were always intended to attract the GST when the tax was devised. If you purchased them in a store you would pay GST.

“This is not extending the reach of the tax – it’s about closing an unfair and illogical loophole.”

The NRA is Australia's largest and most diverse retail industry organisation, and has been representing the interests of the retail, fast food and broader service sector for almost 100 years.

National Retail Association (NRA)


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Top executives
Textile & apparel bodies

The decision is transformational

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search