Singapore Launches Public Consultation on Proposed GST (Amendment) Bill 2021

Singapore's Ministry of Finance issued a release on 6 July 2021 announcing the launch of a public consultation on the Proposed GST (Amendment) Bill 2021.

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Public Consultation on Draft Goods and Services Tax (GST) Amendment Bill 2021

06 Jul 2021

Introduction

The Ministry of Finance is proposing four amendments to the GST Act:

• The first proposed amendment relates to the introduction of GST on (a) goods that are valued up to the current GST import relief threshold of S$400 ("low-value…