VATupdate

Share this post on

Singapore Publishes Updated E-Tax Guide on GST for the Marine Industry

On 31 May 2021, the Inland Revenue Authority of Singapore (IRAS) published an updated e-Tax Guide – GST Guide for the Marine Industry (Third Edition). The guide explains the GST treatment for ships and certain ship and marine-related supplies. This includes that the sale or lease of goods and certain services supplied to ships can be zero-rated if certain conditions are fulfilled.

Source Orbitax

Sponsors:

VAT news

Advertisements: