The Inland Revenue Authority of Singapore (IRAS) has published an updated version of its e-Tax guide, GST: Advance Ruling System (Tenth Edition). The e-Tax Guide explains the GST advance ruling system and the application procedures. In general, if a taxpayer wishes to seek greater clarity and certainty on how specific provisions of the GST Act will apply for a particular business arrangement or a specific transaction, they may make an application to the Comptroller of GST (CGST) for an advance ruling in accordance with section 90A and the Fifth Schedule to the GST Act. An advance ruling issued in accordance...