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Amazon Blocks its US Website for Australian Shoppers over GST

31May By Lavina TolaniNo Comments

USA

Amazon Blocks its US Website for Australian Shoppers over GST

Online E-commerce Giant Amazon has announced that it will block Australian shoppers from its international website to counter new tax laws on online purchases. Australians were free to buy goods from United States i.e via Amazon.com for years. But from 1 July, customers will be able to purchase goods only from Amazon's Australian website that was launched last year. The company has claimed that it will suspend shipments to Australian addresses from now on and will redirect all Australian requests to its local website. Why has Amazon done this? The Sydney headquarters etailer has said that it is making the change to remain compliant with the new GST collection laws coming into effect from July 1. Until now, a 10 percent GST is applied to items bought overseas for more t...

Amazon.in Raises $385.7 Mn Ahead of Price War Against Flipkart-Walmart

Amazon is gearing up for a price war in the wake of confirmations about the Flipkart-Walmart acquisition deal. The American e-commerce giant is set to infuse its funds with fresh capital worth an eye-dropping $385.7 Mn (INR 2,600 Cr) into its Indian unit, Amazon Seller Services to rival Indian arch-enemy Flipkart, according to a Livemint report. Amazon Corporate Holdings and Amazon.com inc. have distributed $385.7 Mn worth of funds in its Indian operations, confirmed by fillings to the corporate affairs ministry. The entry of deep-pocketed Walmart in the Indian e-commerce market is alarming the US digital marketplace giant who bids to expand and strengthen its capital to rival dropping prices that will probably follow the acquisition of Bengaluru-based Flipkart. The report also st...

This Is How Indian Merchants Can Make More Money On Amazon!

Christmas and New Year are just around the corner and America's e-commerce giant is looking for ways to lower its prices and beat its competitors like Walmart. To achieve that, Amazon is actively recruiting Indian sellers for popular gift choices like leather products, luxury bedding and many more. This season at least 27,000 Indian sellers have signed up on Amazon.com, to sell their products in America and across the continent. The simple hack here for Indian merchants is to sell their product on Amazon.com as well instead of just selling them on Amazon.in Giants like Tata Group, a conglomerate that sells its Titan watch line on the site, to smaller firms like The Boho Street, a peddler of vegan tapestries, incense and handcrafted copper mugs has already enrolled for the season. ...