Singapore Goods and Services Tax Act 1993

What Singapore Goods and Services Tax Act 1993 requires

The Goods and Services Tax Act (Cap. 117A, 2005 Rev. Ed.), as amended with the GST rate increased to 9% effective 1 January 2024 from 8% on 1 January 2023 and 7% prior to that, requires any person who makes taxable supplies of goods or services in Singapore with annual taxable turnover exceeding SGD 1 million to register for GST with the Comptroller of Goods and Services Tax under Section 8, charge and collect GST on standard-rated supplies at the applicable rate under Section 7, file quarterly GST returns and remit output tax net of claimable input tax credits within one month after each accounting period under Section 35, and applies a reverse charge mechanism on imported business-to-business services and a overseas vendor registration regime for business-to-consumer digital services supplied by overseas suppliers under Section 8A, with penalties of up to SGD 10,000 per offence and imprisonment up to 7 years for serious GST fraud offences.

Pillar: Tax & Transfer Pricing · Authority: Parliament of Singapore · Version: 1.0.0 · Last updated: 2023-01-01

Primary source: https://sso.agc.gov.sg/Act/GSTA1993?WholeDoc=1

SHA-256 integrity: becf57340067f1e1ba929e91ee2f4e416980710904abbe196e2c98a1f70371bc

Primary Citations — 5 traced to source

• {"title":"Goods and Services Tax Act (Cap. 117A, 2005 Rev. Ed.) as amended","url":"https://sso.agc.gov.sg/Act/GSTA1993","section":"Sections 7-8A (taxable supplies, GST rates, registration thresholds including OVR), 14 (reverse charge on imported services), 19-19C (input tax and blocked input tax), 35 (filing and payment obligations), 46 (record keeping), 51 (director liability), 74 (penalty remission), First Schedule (registration thresholds and procedures)","relevance":"Primary Singapore GST legislation; prescribes 9% standard rate from 1 January 2024, SGD 1 million registration threshold, quarterly return filing, reverse charge on imported services from 2020, overseas vendor registration for digital services, 5-year record retention, and director personal liability for company GST arrears"}
• {"title":"GST (Amendment) Act 2022 (Singapore)","url":"https://sso.agc.gov.sg/Acts-Supp/35-2022/Published/20221107?DocDate=20221107","section":"Sections 3-22 (rate increase from 7% to 8% on 1 January 2023, 8% to 9% on 1 January 2024, transitional provisions, extended OVR to B2B non-digital services)","relevance":"2022 amendments implementing the two-step GST rate increase to 8% from 1 January 2023 and 9% from 1 January 2024; establishes transitional rules for supplies spanning rate change dates and extends the overseas vendor registration regime to business-to-business non-digital services from 1 January 2023"}

+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.

Access

• Discovery (free): /api/v1/nodes/sg-goods-services-tax-act-1993.json — 6-field metadata
• Vault (full node): /api/v1/vault/nodes/sg-goods-services-tax-act-1993.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
• Canonical URL: https://bidda.com/intelligence/sg-goods-services-tax-act-1993
• Back to registry: Browse all 10,090 compliance nodes