Inside Retail reported that the GST on low-value imported goods generated $81 million in the first three months after it was implemented on July 1, the ATO this week revealed. That is already in excess of the $70 million the tax was expected to deliver in its first 12 months of use, and revenue continues to track at 300% of what was forecast. The ATO also revealed that the digital services tax has generated $272 million in its first year since being implemented, 1800% ahead of forecast. These figures, he said, prove the low-value international online sales tax and digital services tax were not an impossible nut to crack, despite the opposition they faced from some corners of the industry at the time. We had repeatedly advocated for low-value GST as a way to close a loophole that enabled overseas sellers to avoid charging GST on orders shipped to Australia that were under $1000, creating a price advantage over domestic bricks-and-mortars.