Does this mean you need to pay for duties and GST when/if you win as its a uk comp?
Win a Gaming Setup (AORUS PC/AOC Monitor/AORUS Peripherals) Worth $4,990 from Scan
25
Dates
Closing Date
29/07/2018
Prizes
Description
Gaming Setup (AORUS PC/AOC Monitor/AORUS Peripherals).
No. of Prizes
1
Total Prize Pool
$4,990.00
Entry Requirements
Open To
International
Entry Limit
One per person
Entry Methods
Facebook, Twitter/X, Gleam, Website
Prerequisites
n/a
PRIZE
Gaming setup valued at over £2,800 (~AUD$4,990), consisting of:
AORUS-powered gaming PC with the following specs:
(a) CPU: AMD Ryzen 7 2700X
(b) Motherboard: Gigabyte X470 Ultra gaming motherboard
(c) Cooler: Cooler Master Masterliquid ML240 RGB
(d) Memory: 16GB Corsair Vengeance RGB DDR4 2666Mhz
(e) GPU: Gigabyte AORUS GTX 1070Ti Gaming
(f) SSD: Samsung 970 Evo 500GB M.2
(g) SSD 2: Gigabyte 256GB Sata SSD
(h) HDD: WD 2TB Black
(i) Chassis: Gigabyte AORUS AC300w
(J) PSU: Gigabyte G750H 750WAOC AGON 27" AG271QG 165Hz 1440p G-Sync monitor
Gigabyte AORUS gaming peripherals:
(a) AORUS K7 RGB mechanical keyboard
(b) AORUS M3 RGB mouse
(c) AORUS H5 RGB headset
(d) AORUS AMP500 mouse mat
Related Stores
closed Comments
I went to the Aussie Tax Office and all I could find so far is an out of date page concerning GST on imports - https://www.ato.gov.au/Business/GST/In-detail/Rules-for-spec…
This line (or something very similar) is all I have found so far when searching elsewhere - legislation to impose a 10% GST on low-value imports purchased from online overseas sellers from 1 July
So from my very limited understanding of import GST, as it is a prize and was not paid for (gifted or donated), plus it is not for sale (imported with the intention to sell) that it theoretically should be GST free. The GST is meant to help protect Australian businesses from cheaper overseas manufacturers, but it does not affect Aussie businesses as it is a prize. There was no monetary exchange taking place, so how can GST be applied? It should fall under the same rules as if you win a lottery - no tax directly on the winnings. Well my fingers are crossed in the hope this is the case, but knowing our tax department, it will probably be on everything.
A friend of mine won a prize from an overseas Gleam comp (a $200 Thermaltake Keyboard) a few months back and it came with a receipt showing $0 for the value (thus 10% of $0 = $0 GST??). Hopefully, more competition prize givers do the same.
What we need is a test case where someone wins one of these OS comps and then lets us know what happens.
If I win I will definitely let you know.
The two embedded videos towards the end need to be watched until the end (you can fast forward). The others just need the tab opened, twitter entries were automatic for me.
Thanks gnv9