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Oribell Pte. Ltd. Oribell Pte. Ltd. Oribell Pte. Ltd. Oribell Pte. Ltd.
  • Homepage
  • About
  • Services
    • Accounting Services
    • Audit Services
    • GST
    • Incorporation Services
    • Company Secretary Services
    • Corporate Income Tax Services
    • XBRL Services
  • Articles
    • XERO vs QuickBooks
    • Deadlines
  • Contact Us

GST

Goods and Services Tax or GST is a broad-based consumption tax levied on the import of goods (collected by Singapore Customs), as well as nearly all supplies of goods and services in Singapore. In other countries, GST is known as the Value-Added Tax or VAT.

GST exemptions apply to the provision of most financial services, the sale and lease of residential properties, and the importation and local supply of investment precious metals. Goods that are exported and international services are zero-rated.

Requirements:

Your taxable turnover at the end of the calendar quarter (i.e Mar, Jun, Sep or Dec) and the past three quarters is more than S$1 million.

What to do if your company is required to file for gst?

You must apply for GST registration within 30 days of :

  • the end of the quarter where you are liable for GST registration under the retrospective view; or
  • the day you are liable for GST registration under the prospective view

Alternatively, contact us for more information.

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  • 16 Kallang Place #07-01 Singapore 339156
  • 6909 3687
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