- A former Group Executive Director of Ensoft Consulting Pte Ltd is the first to be jailed for unauthorised collection of GST
- He was convicted for failing to notify the Comptroller of Ensoft’s liability to register for GST
- He was sentenced to fines and imprisonment for his offences
- The new section 64A of the GST Act strengthens prosecution against unauthorised GST collection
- Ensoft did not notify IRAS of its liability to register for GST despite exceeding $1 million in taxable supplies
- He authorized his employees to collect GST from clients even though Ensoft was not GST-registered
- Non-compliance with GST regulations can result in penalties of fines and imprisonment
- Businesses can check if a company is GST-registered on IRAS’ website.
Source: iras.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.