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.
Correct me if i'm wrong?
Not really, the new tax does not impact local daigou sales as...
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