Australian Goods & Services Tax (GST)

In short

• GST is not charged on items in the Bullion section of our store.
• GST is charged on non-bullion collectable items, such as items in the Art Coin section.
• GST is charged on shipping.
• Australian GST is not charged on orders shipped outside of Australia.

ATO reference

Australian Taxation Office — Goods and Services Tax Ruling GSTR 2003/10: What is 'precious metal' for the purposes of GST?

For Australian GST purposes, precious metal is defined as:

• Gold with a fineness (purity) of at least 99.5%
• Silver with a fineness (purity) of at least 99.9%
• Platinum with a fineness (purity) of at least 99%

To be GST-free the item must

• Be in an investment and tradeable form — capable of being held as an investment and bearing internationally accepted marks identifying the metal, fineness and quality;
• or be exported outside of Australia.

Items that attract Australian GST

If an item is not usually traded for its metal value alone — for example a collectable art coin or numismatic piece — it will attract GST within Australia, even where the underlying metal meets the purity thresholds above.