- From 2023, Consumers would likely have to pay a 7 or 9 per cent GST when they buy low-value goods or non-digital services from overseas sellers
- Tax experts said consumers have to be aware that the price displayed on websites may not be the final cost they pay
- They also said that it is likely an online marketplace such as Lazada may collect GST on behalf of the many overseas vendors on their platforms
- While it is not possible to ensure total compliance, tax experts said big companies will tend to comply for reputational reason
Read more at Todayonline.com
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