Duties and Taxes Process
Below is an example of the financial process that takes place when a customer purchases from a Merchant in Australia.
Australian Merchant- GE Australia
Example: Deduct Australian GST
Product price in AUD = $110 ($100 + 10% GST) - exported from Australia
Shipping cost $10, charged to customer $5 (shipping subsidy $5)
Net product sale for the merchant: $100
Net after shipping subsidy: $95