The Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax Guide GST: Partial Exemption and Input Tax Recovery (Seventh Edition). The guide explains the partial exemption rules and input tax recovery rules for businesses making both GST-taxable and GST-exempt supplies. Under the general rules, no input tax may be claimed on exempt supplies, but in certain cases, the partial exemption rules may be applied for the recovery of input tax when both GST-taxable and GST-exempt supplies are made. Businesses are allowed to claim all input tax, including input tax attributable to the making of exempt supplies, at the...