Not really, the new tax does not impact local daigou sales as these transaction happen off-line/C2C and are exempt from this new tax is my understanding? i.e personal items. This channel makes up approx. 40% of BAL's domestic sales.
85% of revenue is from products sold to Australian customers in AUD. This new tax will only have a small impact on the slightly less than 15% derived from direct China sales.
But the tax will not be applied to products sold on the lucrative grey market, or customers selling products to one another.
