{"id":1927,"date":"2025-08-08T09:31:16","date_gmt":"2025-08-08T01:31:16","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1927"},"modified":"2025-08-08T09:31:17","modified_gmt":"2025-08-08T01:31:17","slug":"2024-2025-iras-gst-audit-cases","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2025\/08\/08\/2024-2025-iras-gst-audit-cases\/","title":{"rendered":"2024\/2025 IRAS GST Audit Cases"},"content":{"rendered":"\n<p>IRAS has completed over <strong>2,800 GST audits<\/strong> across various industries for the 2024\/2025 period, resulting in the recovery of <strong>$205 million<\/strong> in taxes and penalties.<\/p>\n\n\n\n<p>IRAS has published selected audit cases and details of its compliance programmes on its website. Key issues include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Failure to display GST-inclusive prices<\/li>\n\n\n\n<li>Involvement in missing trader fraud (non-genuine input tax claims and corresponding zero-rated supplies)<\/li>\n\n\n\n<li>Incorrect input tax claims on imports belonging to overseas related companies<\/li>\n\n\n\n<li>Non-compliance with new GST treatment (effective 1 January 2022) for the supply of media sales (advertising space)<\/li>\n\n\n\n<li>Inadequate record keeping and failure to account for GST on the lease of furniture and fittings<\/li>\n<\/ul>\n\n\n\n<p><strong>Source<\/strong>: IRAS, 7 August 2025,.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRAS has completed over 2,800 GST audits across various industries for the 2024\/2025 period, resulting in the recovery of $205 million in taxes and penalties. IRAS has published selected audit cases and details of its compliance programmes on its website. Key issues include: Source: IRAS, 7 August 2025,.<\/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-1927","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\/1927","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=1927"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1927\/revisions"}],"predecessor-version":[{"id":1928,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1927\/revisions\/1928"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1927"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}