by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
GST-registered businesses may provide GST refunds to tourists as an independent retailer or by engaging the services of a Central Refund Agency. In either case, they need to do so under the electronic Tourist Refund Scheme (eTRS). On 17 July 2018, the Inland Revenue...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
Tourists buying goods from retailers who participate in the electronic Tourist Refund Scheme (eTRS) may claim a refund of the GST paid on purchases made in Singapore. On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Seventh Edition of...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Eighth Edition of the e-Tax Guide – GST Guide for Retailers participating in the Tourist Refund Scheme and replaced the seventh edition published on 8 November 2017. The e-Tax...
by admin | Jul 18, 2018 | Goods and Services Tax, Tech News
On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has clarified that a refund of GST paid on goods through the tourist refund scheme can only be requested by someone who is the purchaser of the goods. Alipay has also been accepted as a new mode of...
by admin | Jul 18, 2018 | Accounting, Tech News
On 16 July 2018, the International Accounting Standards Board (IASB) has made available a first webcast in series for public at their website or access viz YouTube. The IASB’s Technical Director Kumar Dasgupta provides an overview of the Discussion Paper...
