by admin | Dec 9, 2019 | Goods and Services Tax, Tech News
From 1 January 2020, a consumer in Singapore will need to pay GST on digital services purchased from GST-registered overseas service providers. Currently, only locally procured services are subject to GST, while services procured from overseas are not. The change is...
by admin | Dec 9, 2019 | Goods and Services Tax, Tech News
IRAS stated that more than 100 overseas digital service providers have registered for goods and services tax (GST), ahead of GST imported digital services kicking in on 1 January 2020. Digital services are those provided over the Internet or an electronic network such...
by admin | Dec 5, 2019 | Goods and Services Tax, Tech News
From 1 January 2020, a non-GST registered business would be liable for GST registration by virtue of the reverse charge rules under the following circumstances: the value of imported services made by the business which fall within the scope of reverse charge exceeds...
by admin | Nov 27, 2019 | Goods and Services Tax, Tech News
On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the third edition of the GST e-Tax Guide on “Hand-Carried Exports Scheme (HCES)”. It replaces the second edition published on 1 November 2018. This e-Tax Guide has the following...
by admin | Nov 27, 2019 | Goods and Services Tax, Tech News
On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the sixth edition of the GST e-Tax Guide on “On Exports” on 27 November 2019. It replaces the fifth edition published on 1 November 2018. This e-Tax Guide has the following...
by admin | Nov 21, 2019 | Goods and Services Tax, Tech News
On or about 21 November 2019, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide GST: Guide for E-Commerce. This e-Tax Guide explains the GST principles relevant to the e-commerce industry and provides assistance in understanding how Goods...