Hi all,
I’m trying to debate about TRS and duty free allowance with a certain view and want to see how everyone thinks about this:
For passengers re-entering Australia, there is a duty free allowance of $900.
This would permit me to buy something of value at $990, claim $90 in TRS and then the value of the goods would be $900. No issues here.
However, I argue that any ‘used’ item instantly depreciates in price. So if I had electronic goods totalling $1100, and TRS claim $100, their duty free price is now $1000, exceeding the duty free allowance. But these goods are now used.
Could I, if the situation arose, be able to claim that their price is less than $1000 due to depreciation of used goods?
What does OzB think about this?
no