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Below is an example of the financial process that takes place when a customer purchases from a Merchant in Australia. Australian Merchant- GE Australia Example: Deduct Australian GST
  • Product price in AUD = 110(110 (100 + 10% GST) - exported from Australia
  • Shipping cost 10,chargedtocustomer10, charged to customer 5 (shipping subsidy $5)
Net product sale for the merchant: $100 Net after shipping subsidy: $95