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Singapore Launches Public Consultation on Draft GST (Amendment) Bill 2019

09 July 2019

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Proposed Changes

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Singapore

on the draft GST(Amendment) Bill 2019. The consultation runs from 5 July to 26 July 2019. GST on Imported Services The GST (Amendment) Bill includes two proposed amendments relating to GST on imported services, which is to be introduced from 1 January 2020: Refine the design parameters for GST on imported services This proposed amendment seeks to clarify or improve GST administration for imported services, such as by clarifying the scope of Reverse Charge and allowing GST group registration for overseas businesses under the Overseas Vendor Registration ("OVR") regime. Introduce an offence for misrepresentation of information Unlike the GST regime...