Retailers - A GST exemption is the least of their worries

You might wonder why the retailers are worried about the spectre of a GST exemption for offshore sourced products. It ought to be the least of their worries. One reader makes a good point:

A GST mark-up won't affect online trade much at all. Consumers purchasing from overseas are already bearing much higher costs and risks. For example:

- The risk of being defrauded in a different legal jurisdiction.

- The risk of the goods having to be returned at high shipping costs

- The cost of shipping Internationally

- The often long length of time taken to receive goods

- The often inability to exchange for another item

Consumers are prepared to suffer all of the above over the convenience of just hopping into a local store.

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Author Andrew Sheldon| Applied Critical Thinking | www.SheldonThinks.com