{"id":1818,"date":"2022-02-24T14:06:00","date_gmt":"2022-02-24T06:06:00","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1818"},"modified":"2022-03-04T14:25:15","modified_gmt":"2022-03-04T06:25:15","slug":"imported-low-value-goods-and-b2c-non-digital-services-straddling-1-jan-2023","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2022\/02\/24\/imported-low-value-goods-and-b2c-non-digital-services-straddling-1-jan-2023\/","title":{"rendered":"Imported low-value goods and B2C non-digital services straddling 1 Jan 2023"},"content":{"rendered":"\n<p>On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its web page to rules on imported low-value goods and business-to-customer (\u201cB2C\u201d) non-digital services straddling 1 Jan 2023.<\/p>\n\n\n\n<p>The Minister for Finance announced in Budget 2021 that from 1 Jan 2023, GST will be extended to imported low-value goods and business-to-customer (\u201cB2C\u201d) non-digital services by way of reverse charge or through the Overseas Vendor Registration (OVR) regime.<\/p>\n\n\n\n<p>With this extension of the regime, all imported low-value goods and business-to-customer (\u201cB2C\u201d) supplies of imported services, whether digital or non-digital, will be brought to tax, if the services can be supplied and received remotely. Such services will be known as \u2018remote services\u2019.<\/p>\n\n\n\n<p>For more information, please refer to the e-Tax Guides (First Edition) published on 30 Jul 2021:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>GST: Taxing imported low-value goods by way of the overseas vendor registration regime; and <\/li><li>GST: Taxing imported remote services by way of the overseas vendor registration regime <\/li><\/ul>\n\n\n\n<p>Where the import of low-value goods or B2C non-digital services straddling 1 Jan 2023 is subject to GST, GST must be charged at the prevailing new rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its web page to rules on imported low-value goods and business-to-customer (\u201cB2C\u201d) non-digital services straddling 1 Jan 2023. The Minister for Finance announced in Budget 2021 that from 1 Jan 2023, GST will be extended to imported low-value goods and [&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-1818","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\/1818","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=1818"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1818\/revisions"}],"predecessor-version":[{"id":1820,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1818\/revisions\/1820"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1818"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}