Latest Updates

- Amended paragraph 10 to include the changes made to reverse charge with effect from 1 Jan 2023. Also made consequential amendments to paragraph 7.1, footnotes 3, 4, 6 and 10; and Appendix 1 and 2.

- Inserted Appendix 4 to provide an illustration of longer period adjustments involving time-barred periods.

• Editorial changes

• Amended footnotes 3 and 6 and paragraph 4.4 to reflect that from 1 Jan 2023, GST will also apply to imported low-value goods purchased by consumers in Singapore from GST-registered suppliers.

• Amended paragraph 3.3 to reflect changes made to the Banking Act and Monetary Authority of Singapore Act.

• Amended A1 of the FAQs for further clarity on when input tax on termination expenses can be claimed in full and the GST treatment of termination and non-termination expenses.