Singapore Publishes New e-Tax Guide on GST for the Travel Industry

The Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide, GST: Guide for the Travel Industry (First Edition), which replaces the e-Tax Guide, GST: Travel Industry (Seventh Edition). The new guide explains the GST principles and treatment for the supplies of travel products, services, and transactions commonly encountered in the travel industry. The guide also covers the Budget 2022 announcement on the change in the GST treatment of services comprising the arranging of…