I usually go bearing suppliers for them,repco aren't that cheap.
guest,
Apr 17, 6:15pm
"#39 Repco,s GST free weekend just gone , went and bought some oil i expected the full 15% off the price given that this is the amount of GST we pay in nz. Infactthey knocked about 13.5 % off, a bloody rip off and misleadingadvertising . wontbuy from them again."
The reason for this is that we pay GST at 15% of the item price - for example an item is $100 plus gst. Multiply 100 by 1.15 which gives you $115 inc GST.
If you remove the $15 (GST content) and pay $100 for the item, you will notice that $15 is 13.04% of the inclusive price (15/115*100 = 13.04).
So while the discount is perfectly fine and not breaching any laws, I do agree they should just run a 15% discount to make it easier to explain and understand for all involved.
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