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VAT on Fabric?
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12-17-2010, 03:00 PM
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KiwiQuilter
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Join Date: Apr 2010
Location: Hawkes Bay, New Zealand
Posts: 957
In New Zealand we have just had an increase on our GST (goods and service tax) from 12.5% to 15%.
Having a quick look online at some local stores; fabric sells for $28 NZD per metre, that's around $20.50 USD. (1 metre approximately is 39.5 inches).
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