Short, Simple and Interesting FAQs
Goods and Services Tax (GST) is levied on all goods imported into Singapore. It is calculated based on: Customs value of the goods, plus all duties, or Value of the last selling price plus all duties, if there has been more than one sale (when the last buyer is the party declaring the payment permit) … Read more
For members of the public to check if a business is GST-registered. A search can be performed by using the business name, GST registration number, Unique Entity Number (UEN) etc. You do not need to log in to myTax Portal. CLICK HERE TO START SEARCHING The Goods and Services Tax is a consumption tax levied on … Read more
Goods and Services Tax (GST) This guide provides an overview of the key concepts of Singapore’s Goods & Services Tax (GST) system as it relates to Singapore companies – definition of GST, registration requirements, advantages and disadvantages of GST registration, filing GST returns, and schemes to aid businesses.The Goods and Services Tax (GST) was implemented … Read more
How to Check GST Registration Application Status If you have applied for GST registration, it normally takes about 7 working days for the provisional GSTIN to be allotted and 10 days to obtain the final GSTIN with GST registration certificate. From the time of submission of GST registration application, the status can be checked on … Read more
GST Registration According to GST rules, it is mandatory for a business that has a turnover of above Rs.40 lakh to register as a normal taxable entity. This is referred to as the GST registration process. The turnover is Rs.10 lakh for businesses that are present in hill states and North-Eastern states. The GST registration … Read more
A fter Applying for GST Registration you will have an Application Reference Number (ARN). A GST Registration Application is processed after 15 days of application but you can check the GST registration status online on the GST Portal. Here is a guide on how to check GST Application Status or GST Registration Status: Step 1 – Go to GST Portal. … Read more
Gst verification is an important thing for all GST taxpayers. The GST number verification helps the taxpayer to cross-check the authenticity of other business units and the relevance of one’s own business. The GST online verification is free of cost and a reliable tool that gives accurate results in no time How to use GSTIN … Read more
What is GST payment? GST payment is the periodical remittance of GST amount payable by the business. It one of the major requisites for a business to stay compliant. As per the guidelines, every registered regular taxpayer must make GST payment with a due date – 20th of every month along with the submission of GSTR-3B … Read more
GST is a consumption based tax/levy. It is based on the “Destination principle.” GST is applied on goods and services at the place where final/actual consumption happens. GST is collected on value-added goods and services at each stage of sale or purchase in the supply chain. GST paid on the procurement of goods and services can … Read more