Account for gold and workmanship
Normally tax arises at invoice or payment, whichever occurs first. The specified gold price-fixing concession permits up to ninety days after delivery when payment has not already triggered tax; if the price remains unfixed, use the day-ninety market value and adjust later. This does not extend generally to other precious metals or jewellery. Workmanship charges and part-payment deposits have their own timing implications.
Apply the correct transaction value
Trade-ins ordinarily comprise two gross-value supplies. From 1 January 2025, the gold-jewellery difference-value concession is available only where the customer is not GST-registered; it does not cover gold bars or other goods. Qualifying investment precious metals have separate exemption rules. Support hand-carried exports with HCES evidence, and distinguish an overseas refining export from a local transfer of ownership to an intermediary.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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