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Singapore Updates Several GST e-Tax Guides and Other GST Guidance

16 February 2021

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Approved Changes

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Singapore

The Inland Revenue Authority of Singapore (IRAS) has published several updated e-Tax guides on Goods and Services Tax (GST). The updated guides include the following: GST Guide for the Biomedical Industry (Fifth Edition) - This guide provides details of the GST treatment applicable to the biomedical industry. GST: Guide for Motor Vehicle Traders (Fourth Edition) - This guide is for GST registered businesses selling new and/or second-hand motor vehicles. The purposes of this guide are: (a) To explain the GST treatment applicable to motor vehicle traders; and (b) To illustrate the GST computations for the sale of motor vehicles. GST:...