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Government to Refund GST on 18 Fees, Agencies to Begin Refunds in March 2024

  • In November 2023, Ministry of Finance found inconsistencies in GST application on 18 government fees
  • GST should not be charged on regulatory services
  • Agencies wrongly charged GST on fees deemed as processing fees
  • Apology issued by MOF and agencies for erroneous charging of GST
  • Refund process for affected taxpayers to begin from March 2024
  • Estimated $1.5 million per year wrongly charged GST for individuals and non-GST registered entities
  • Government to refund GST charged on fees with interest
  • Legislative amendments to be made to clarify GST treatment on government fees
  • Commitment to upholding high standards of governance and integrity by the Government

Source: mof.gov.sg

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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