Latest Updates

- Inserted paragraph 2.6 and amended paragraph 4.3 to explain the requirement to apply reverse charge to imported low-value goods.

- Amended paragraph 6.7 to include the value of imported low-value goods purchased in considering the liability to register for GST under reverse charge with effect from 1 Jan 2023.

- Amended paragraph 9.4 to explain that value of imported low-value goods purchased should be excluded from both the numerator and denominator of the residual input tax apportionment formula with effect from 1 Jan 2023.

- Amended paragraph 9.6 to include input tax claims incurred on low-value goods.

- Amended paragraph 11 on contact information.

- Updated paragraphs 3.5 and 7 to include applying reverse charge to import of low-value goods (LVG) with effect from 1 Jan 2023

- Added new paragraph 5.6 on concessionary tax treatment for IPCs and registered charities

- Added new paragraph 5.21 on valuation methods to determine market price of auctioned item

- Added questions 1.15 to 1.17, 2.10 to 2.14 and 4.5

- Other editorial changes

6 Sep 2022:

Amended paragraph 2.4 and footnote 3 to clarify the price display requirements

- Added paragraph 9.3 on applying reverse charge to imports of low-value goods

29 Aug 2022:

- Updated footnote 9 on extended scope of the Overseas Vendor Registration (OVR) regime

- Added paragraph 10.3 on applying reverse charge to imports of low-value goods

- Updated footnote 4 on extended scope of the Overseas Vendor Registration (OVR) regime

- Added paragraph 2.4 on applying reverse charge to imports of low-value goods

29 Aug 2022:

- To reflect changes applicable to redeliverers arising from the extension of OVR regime to imported non-digital services and low-value goods with effect from 1 Jan 2023. To also reflect the change in GST rules on international transportation services and insurance of goods provided by redeliverers who are regarded as suppliers of imported low-value goods from 1 Jan 2023:

- Amended footnote 52 to reflect the change in (a)

- Updated paragraph 4.2 on meaning of ‘annual supplies’

- Updated footnote 2 on reverse charge and footnote 3 on overseas vendor registration regime

- Added footnotes 7 and 12 to clarify that either physically endorsed or digitally signed (in the compliance with the Electronic Transactions Act) delivery notes by the Master/Chief Engineer of the ship may be maintained to support zero-rating relief