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Singapore Tables GST Act Amendments

by Mary Swire,, Hong Kong

10 February 2016

The Goods and Services Tax (Amendment) Bill has been tabled before Singapore's Parliament. It includes provisions concerning the GST treatment of cross-border aviation services and a new penalty for those who abuse the GST refund scheme for tourists.

The Bill would amend section 21 of the Goods and Services Tax Act to redefine "aircraft" in subsection (4)(a) so that it relates only to aircraft wholly used or intended to be wholly used for international travel (including where the use or intended use is for recreation or pleasure), and military aircraft.

In addition, it will include new provisions to empower the Ministry of Finance to prescribe as international services, supplies of services relating to flights that do not start and end in Singapore that are undertaken by aircraft falling outside the revised definition of "aircraft," and to provide for the zero-rating of certain supplies of goods in connection with such flights.

The Bill also provides that Singapore can impose a travel restriction order on a person outside Singapore, including on tourists, who have had a tax refund revoked and have failed to repay that GST.

TAGS: compliance | Finance | VAT tax authority guidance | VAT special schemes | tax | value added tax (VAT) | VAT legislation | VAT cross-border transactions | aviation | goods and services tax (GST) | Singapore | tax authority | legislation | services | VAT compliance matters | Tax

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