On or about 30 Sep 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of the GST e-Tax Guide on Exhibition, Convention and Ancillary Services. It replaces the first edition published on 03 Dec 2018.
This e-Tax Guide explains the GST treatment on common taxable supplies made by GST-registered persons in the Meetings, Incentive Travel, Conventions, and Exhibitions (MICE) industry. The supplies are taxable supplies.
The GST-registered persons in the MICS industry may zero-rate a supply of exhibition or convention services and the ancillary services if the services are:
- performed wholly outside Singapore. This applies to services supplied in relation to exhibitions and conventions held outside Singapore. The supply is zero-rated regardless whether the services are supplied to a person belonging in or outside Singapore; or
- supplied to and directly benefit a person wholly in his business capacity and who in that capacity belongs outside Singapore (“an overseas person”). This applies to services supplied in relation to exhibitions and conventions held in Singapore; or
- From 1 Jan 2020, supplied to an overseas person wholly in his business capacity and directly benefit a GST registered person who belongs in Singapore.