Common errors on input tax claims explained using an info video from IRAS Around 3,000 GST-registered businesses are selected by the IRAS for audit every ye...

Funds may incur GST when the fund procures services (e.g. fund management service) from GST-registered businesses. To simplify the rules for claiming GST inc...

Kumarselvam S/O Veejay Koumar (“Kumarselvam”), 31, who was a director of MV Global Trading Pte Ltd (“MV”), flouted the law when his company MV unlawfully cha...

Two foreigners, a father and his son, were convicted of one GST offence each: Former Research Fellow Zhang Baicheng, aged 33, was convicted of engaging the ...

Chen Juncun (“Chen”), a director of advertising firm Citrus Lab Pte Ltd (“CL”) and commercial printing firm Citrus Productions Pte Ltd (“CP”), has been convi...

Businessman Foo Tee Suan (“Foo”), who was the sole-proprietor of FTH Enterprise (“FTH”), partner of F&T Top System Enterprise (“F&T”) and Hwa Rong Import & E...

Smart people learn from their mistakes. Geniuses learn from others. Adopting the GST Assisted Self-help Kit (ASK) for your business? Be a ge

Customer accounting for certain prescribed goods will be implemented from 1 Jan 2019 to deter fraud schemes where the seller absconds with the GST collected,...

Suneel Ramchandani (“Suneel”), the former manager of Indibiz, an export business for luxury watches and electronic products, has been charged and convicted f...

Newly GST registered? Do you know you can recover input tax incurred prior to your GST registration date? Maximise your GST claims. Find out

IRAS audit uncovers fraudulent claims Robofusion Asia Pte Ltd (“Robofusion”), a company that supplies robotic ice-cream kiosks, has been convicted of evading...

More than 1,300 charges brought against five Five Indian nationals (“the accused persons”) – Karunanithi Saravanan (aged 36), Karunanidhi Rajesh (aged 32), W...

GST-registered businesses providing subsidized child care or training services are often unclear on the correct GST treatment to apply as it depends on whom ...

Out-of-scope supplies refer to supplies which fall outside the scope of the GST Act, such as third country sales of goods which do not enter Singapore. GST i...

Open Market Value ("OMV") GST-registered businesses are required to account for output tax based on the Open Market Value ("OMV") of an asset when they disp...

Funds may incur GST when the fund procures services (e.g. fund management service) from GST-registered businesses. To simplify the rules for claiming GST inc...

Goods imported into Singapore are subject to 7% GST. However, GST relief is granted for medicinal products (including pharmaceutical products) imported into ...

Revised e-Tax guide on Exports clarifies where and when vehicle number may be reflected For exports via land to Malaysia, one of the supporting documents req...

If you are under the Assisted Compliance Assurance Programme (ACAP), you will be pleased to know that the status will be extended for 6 years (Premium status...