On or about 3 January 2019, the Inland Revenue Authority of Singapore (IRAS) has published the seventh edition of GST e-Tax Guide: Assisted Self-Help Kit (ASK) Annual Review Guide. It replaces the previous edition which was published on 3 December 2018.
The GST “Assisted Self-help Kit” (ASK) is a self-assessment package designed to facilitate voluntary compliance of GST-registered businesses.
GST-registered businesses should read this guide if they are a GST-registered business who is undertaking the ASK review on a voluntary basis or as a requirement for specific purposes e.g. in the course of audit or application for or renewal of GST schemes.
This e-Tax Guide has made the following updates and amendments:
Inserted and amended the following on customer accounting:
- Inserted Footnote 4 and paragraph 3.2c of Step 3A
- Amended paragraph 7.1, paragraphs 1d, 2 and 3.1 of Step 3A and paragraphs 1.1c, 3.1 of Step 3D
Source: IRAS, 3 January 2019