GST hits Netflix subscription in Australia, is India next?

27 . Jun . 2017
Reading Time: 1 minute

GST has become a buzzword in India with sweeping changes coming into the tax regimen in India from 1 July. In Australia, GST will be hitting online subscriptions like Netflix this Saturday. While there’s no word from Netflix if they will have their users pay the tax or will absorb it, mathematically speaking, the GST will increase Netflix’s subscription charges from $8.99 to $9.89.  If Netflix decides to put the tax onus on the subscribers, it will become much more expensive from the Indian standpoint. It is already the most expensive streaming service , with tax, it is only going to be more expensive.