What is GST?

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

What are the rates of GST?

CGST, SGST and IGST- rates of common items Goods CGST SGST IGST Household necessities like coffee (except instant), tea, spices, edible oil,and sugar. Life-saving drugs, coal and Indian sweets are coveredunder present GST slab. 2.5% 2.5% 5% Processed Food and computers 6% 6% 12% Hair oil, soap and toothpaste, Capital goods and Industrial intermediaries. 9% … Read more