Deferred GST¶

Definition. Deferred GST is an ATO scheme that lets approved importers pay the GST on their taxable imports through their next Activity Statement, instead of paying it at the border when the goods arrive.

In plain English¶

Normally, when you bring goods into Australia you have to pay the GST before the goods are released. If you are approved for the deferred GST scheme, you can hold off on that payment and put the GST on your next Activity Statement instead. This helps your cash flow, because you are not paying the GST out at the border and then waiting to claim it back later.

Related lessons¶

• GST on imports and exports

General information only — not tax, super or financial advice.