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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 incurred, all qualifying funds that are managed by a prescribed fund manager in Singapore are allowed to claim GST...


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 charged GST on a total of 102 sales invoices issued to MV’s customers.

Kumarsalvam pleaded guilty to the 34 charges...

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Featured Posts

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 eve...

IRAS releases new video on input tax

10 Jul 2018

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November 21, 2017

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