On or about 11 August 2017, the Inland Revenue Authority of Singapore (IRAS) has amended the first edition of the e-Tax Guide GST: Guide on Approved Import GST Suspension Scheme. This first edition was published on 1 June 2016.
This e-Tax Guide explains the mechanism and qualifying criteria for the Approved Import GST Suspension Scheme (AISS). It is essential for a GST-registered business in the aerospace industry who would like to apply for the scheme.
The revised e-Tax Guide amended paragraph 9.2
Source: IRAS website, 11 August 2017