Unlike New Zealand there might not necessarily be a duty-free threshold in other countries. For example, all goods, with some specific exceptions, could be subject to a broad range of customs duty and taxes. However, it can still be cost effective for an individual to import goods from overseas, since he/she will be avoiding the markup placed by the local vendors. That markup can be quite substantial, since it not only has to cover the business’ operating costs, but also includes a profit margin.
]]>In other countries, I can bring in the country anything duty-free provided it is les than a certain amount. The same item in stores ( brick+mortar shop ) will have to include GST ( +other costs such as customer service etc ), hence, making it more expensive.
I thought the point in the article that dealt with “Broadened Market Scope”, dovetailed with the argument above. Point: you have a better advantage on the web pricewise. ( However, I don’t know whether the otherway-round bears the same advantage in Caribbean ie if I have a website here and you from there, buys something from my website to import into say, Jamaica. )
]]>Can you explain your point more clearly?
]]>I am not sure how the The Caribbean is positioned vis-a-vis this legislation.
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