{"id":1454,"date":"2019-10-30T11:51:16","date_gmt":"2019-10-30T03:51:16","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1454"},"modified":"2020-01-25T12:14:42","modified_gmt":"2020-01-25T04:14:42","slug":"e-tax-guide-gst-approved-contract-manufacturer-and-trader-acmt-scheme-revised","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2019\/10\/30\/e-tax-guide-gst-approved-contract-manufacturer-and-trader-acmt-scheme-revised\/","title":{"rendered":"e-Tax Guide GST: Approved Contract Manufacturer and Trader (ACMT) Scheme revised"},"content":{"rendered":"\n<p>On or about 30 October 2019, the Inland Revenue Authority of Singapore  (IRAS) has released the second edition of the e-Tax Guide GST: Approved Contract Manufacturer and Trader (ACMT) Scheme. It replaces the first edition published on 16 July 2018.<\/p>\n\n\n\n<p>This e-Tax Guide explains the benefits, qualifying criteria and obligations of the Approved Contract Manufacturer and Trader (ACMT) Scheme.<\/p>\n\n\n\n<p>It is essential for a GST-registered contract manufacturer (\u201cCM\u201d) in  the  semi-conductor,  printing  or  biomedical  industry who wish to apply for the scheme or who are already approved as ACMT CM or ACMT LOG under the scheme.<\/p>\n\n\n\n<p>In second edition, the following revisions were made: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>amended para 3.4 on meaning of an overseas client to include one who is  registered under the OVR regime as a pay-only person, and<\/li><li>amended para 4.1, 6.1 and 15.1(b)(ii) and Annex C to take into account a  person who is registered for GST under the OVR regime as a pay-only  person.<\/li><\/ul>\n\n\n\n<p>For more information, please visit the IRAS website.<\/p>\n\n\n\n<p>Source: IRAS website, 30 October 2019.<\/p>\n\n\n<p><!--EndFragment--><br>\n<br>\n<\/p>","protected":false},"excerpt":{"rendered":"<p>On or about 30 October 2019, the Inland Revenue Authority of Singapore (IRAS) has released the second edition of the e-Tax Guide GST: Approved Contract Manufacturer and Trader (ACMT) Scheme. It replaces the first edition published on 16 July 2018. This e-Tax Guide explains the benefits, qualifying criteria and obligations of the Approved Contract Manufacturer [&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-1454","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\/1454","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=1454"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1454\/revisions"}],"predecessor-version":[{"id":1456,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1454\/revisions\/1456"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1454"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}