On or about 13 November 2019, the IRAS has provided a new version of the GST F19: Application of GST Advance Ruling form which is available at the IRAS website.
Businesses may apply for an advance ruling to find out from IRAS how the GST Act applies to particular business arrangements or transactions.
To apply for a ruling, businesses must submit to the Comptroller of GST, the following at least 1 month before the filing deadline of the relevant GST return:
- GST F19: Application for GST Advance Ruling form;
- An application fee of $620 (inclusive of GST), or $660 (inclusive of GST) for applications made on or after 1 May 2019; and
- A written ruling request providing:
- a comprehensive description of the proposed arrangement;
- issue(s) to be considered;
- propositions of the law that relate to the issues raised in the request including the relevant sections of the GST Act;
- any outcome of and reference to the ruling issued on a previous request made on the same or a similar arrangement; and
- a draft ruling.
For more information, please visit the IRAS website.
Source: IRAS website, 13 November 2019