{"id":1130,"date":"2020-01-07T08:15:09","date_gmt":"2020-01-07T00:15:09","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1130"},"modified":"2020-01-14T08:24:55","modified_gmt":"2020-01-14T00:24:55","slug":"new-boxes-in-gst-return","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2020\/01\/07\/new-boxes-in-gst-return\/","title":{"rendered":"New Boxes in GST return"},"content":{"rendered":"\n<p>On or about 7 January 2020, the Inland Revenue Authority of Singapore (IRAS) has introduced for GST returns ending on or after 1 January 2020 to include two new boxes (Box 14 and Box 15), arise from the implementation of Reverse Charge (RC) and Overseas Vendor  Registration (OVR).<\/p>\n\n\n\n<p>For businesses e-filing its GST return on a quarterly basis, the first GST F5 which will include the two new boxes will be for the periods below:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1 Nov 2019 to 31 Jan 2020<\/li><li>1 Dec 2019 to 29 Feb 2020<\/li><li>1 Jan 2020 to 31 Mar 2020<\/li><\/ul>\n\n\n\n<p>Box 14 is only applicable to reverse charge businesses (e.g. financial  institutions, residential property developers, etc.) importing services.  <\/p>\n\n\n\n<p>Box 15 is only applicable for electronic marketplace operators supplying digital services.  <\/p>\n\n\n\n<p>The GST return has to be authorised for GST (Filing and Applications)  e-Service under CorpPass by the GST-registered business.<\/p>\n\n\n\n<p>The steps for a GST e-Filing Process are as follows: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>GST e-Filing must be done by authorised users.<\/li><li>Taxpayers need to log into myTax Portal.<\/li><li>Taxpayers once logged in need to complete and e-File their GST return.<\/li><li>A copy of the acknowledgement page and payment (if applicable) made to IRAS needs to be saved by the due date.<\/li><\/ul>\n\n\n\n<p>For more information, please visit the IRAS website.<\/p>\n\n\n\n<p>Source: IRAS website, 7 January 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 7 January 2020, the Inland Revenue Authority of Singapore (IRAS) has introduced for GST returns ending on or after 1 January 2020 to include two new boxes (Box 14 and Box 15), arise from the implementation of Reverse Charge (RC) and Overseas Vendor Registration (OVR). For businesses e-filing its GST return on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,6],"tags":[],"class_list":["post-1130","post","type-post","status-publish","format-standard","hentry","category-gst","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1130"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1130\/revisions"}],"predecessor-version":[{"id":1131,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1130\/revisions\/1131"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1130"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}