Do you export goods or services?

16 Feb    Posts

Exported goods are GST-free if you export them from Australia within 60 days of:

  • receiving any payment for the goods
  • issuing an invoice for the goods before receiving any payment.

For service exports, there are specific rules that determine if their sale is GST-free. Generally they are GST-free if the recipient is outside Australia.

Make sure you keep a close eye on your status as an exporter. A change to your International Commercial (Inco) delivery terms could lead to you no longer being considered an exporter, meaning GST will become payable on your supply.

If you discover a mistake in your reported GST amounts for your international cross border transactions, we encourage you to make a voluntary disclosure.

See more information on the ATO website:

https://www.ato.gov.au/business/international-tax-for-business/australians-doing-business-overseas/exports-and-gst/

https://www.ato.gov.au/business/gst/in-detail/rules-for-specific-transactions/international-transactions/common-gst-errors—importing-or-exporting/

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