Singapore Publishes Updated GST Guide on Imports
On 20 January 2021, the Inland Revenue Authority of Singapore (IRAS) published an updated e-Tax Guide concerning GST on imports. The purpose of the guide is to provide details on GST matters relating to the importation of goods, including GST reporting requirements and various import related schemes. This includes guidance on:
- Supply of imported goods to local customers;
- Claiming import GST;
- C…