GST was introduced in Singapore on 1 Apr 1994. Currently, you are required to charge and account for GST at 7% on all local sales of goods and services unless the sale can be zero-rated or exempted under the GST law.
GST rate over the years
| Year |
GST Rate |
| 1 Apr 1994 to 31 Dec 2002 |
3% |
| 1 Jan 2003 to 31 Dec 2003 |
4% |
| 1 Jan 2004 to 30 Jun 2007 |
5% |
| 1 Jul 2007 onwards |
7% |