Amendments:
3 Aug 2022
– Editorial changes
– Amended footnotes 3 and 6 and paragraph 4.4 to reflect that from 1 Jan 2023, GST will also apply to imported low-value goods purchased by consumers in Singapore from GST-registered suppliers.
– Amended paragraph 3.3 to reflect changes made to the Banking Act and Monetary Authority of Singapore Act.
– Amended A1 of the FAQs for further clarity on when input tax on termination expenses can be claimed in full and the GST treatment of termination and non-termination expenses.
Source: gov.sg
