How to implement GST

  • The current GST rate in Singapore is 7%. GST-registered businesses are required to charge and account for GST at 7% on all sales of goods and services in Singapore unless the sale can be zero-rated or exempted under the GST law.
  • A GST-registered business' responsibilities include charging and accounting for GST, filing GST returns on time, keeping proper records and displaying prices inclusive of GST.
    You are a GST-registered person from the Effective Date of Registration as stated in the approval letter. Under the GST law, there are responsibilities that you need to fulfil from that date.