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johno1234: A $60 1L bottle of gin will attract $21 duty and $8 GST so should be $29 cheaper or about half price at duty free.
It's DUTY free, not profit free
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mentalinc:
johno1234: A $60 1L bottle of gin will attract $21 duty and $8 GST so should be $29 cheaper or about half price at duty free.
It's DUTY free, not profit free
Huh? I expect the DF are more than just profitable. The corner bottle store is presumably making a profit despite selling gin for a similar price to the DF who notwithstanding their lease costs are pocketing the margin difference of $29 on GST and excise duty.
Exactly my point, we're on the same page
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mentalinc:Exactly my point, we're on the same page
The high airport margins make Duty free no longer worth it
https://www.lottedutyfree.co.nz/products/canadianclub20yowhs750ml?variant=47493174001986
$17 more expensive buying "duty free"
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to add to this when you depart Australia you can use TRS to claim back WET and GST if purchased outside of the airport you just need to allow yourself enough time to do all the proceedings
Any views expressed on these forums are my own and don't necessarily reflect those of my employer.
eracode:
nztim:
to add to this when you depart Australia you can use TRS to claim back WET and GST if purchased outside of the airport you just need to allow yourself enough time to do all the proceedings
@nztim TRS? WET?
Wine Equalization Tax/Tourist refund Scheme
First one is for the large excess levies on Alcoholic products in AUS, second is much like GST return, just called TRS
I commute regularly and don't really bother with easier shopping for deals on brands I prefer, if it's not on sale one month, I find it likely is the next
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hsvhel:
I commute regularly and don't really bother with easier shopping for deals on brands I prefer, if it's not on sale one month, I find it likely is the next
There is a lot of goods significantly cheaper in Aus epically clothing and the like, TRS is well worth it.
Any views expressed on these forums are my own and don't necessarily reflect those of my employer.
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