(June 17, 2015)

On June 17, 2015 the Inland Revenue Authority of Singapore (IRAS) published IRAS e-Tax Guide – GST: Guide on Imports  (Fourth edition). According to the e-Tax Guide the scope of the Guide is to provide details on GST (Goods and Services Tax) matters relating to importation of goods, including GST reporting requirements and various import related schemes available.

The subjects discussed in the e-Tax Guide include a.o.:

·         Supply of imported goods to local customers

·         Claiming import GST

·         Correcting errors made on importation of goods

·         Importing goods on behalf of an overseas person

·         Re-importing goods belonging to local persons or GST-registered overseas persons

·         GST suspended at the point of importation

Click here to be forwarded to “IRAS e-Tax Guide – GST: Guide on Imports  (Fourth edition)” as published on the website of the Inland Revenue Authority of Singapore.

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