Non-GST registered businesses are not allowed to charge GST.
Only GST-registered businesses are allowed to charge and collect GST on the goods and services they provide.
If you have wrongfully charged/collected GST from your customers, you must
remit to IRAS the GST wrongly collected
An exception is when you are a non-GST registered third party (e.g. mortgagee, financier, auctioneer) that sells or rents out a GST-registered business' asset in satisfaction of debt owed.
For details on how to account for GST, please refer to
Selling/renting out asset in satisfaction of debt
Non-GST registered businesses are not allowed to claim GST incurred on purchases and expenses.
Only GST-registered businesses are allowed to claim GST.
Non-GST registered businesses in specific industries are given concessions (subject to conditions) by the Minister to claim the GST incurred.
claim the GST incurred, qualifying funds, S-REITs and S-RBTs will have to submit
a quarterly Statement of Claims to IRAS. Each
Statement of Claims is due one month after the end of the respective quarters.
As an administrative concession, funds and trusts can submit the Statement of
Claims on a half-yearly or yearly basis as long as the claims are made within 5
years from the end of the respective quarters.Example:
Period of claims: 1 Apr
2012 to 30 Jun 2012
S-REITs and S-RBTs can submit the Statement of Claims latest by 30 Jun 2017.