- In November 2023, Ministry of Finance found inconsistencies in GST application on 18 government fees
- GST should not be charged on regulatory services
- Agencies wrongly charged GST on fees deemed as processing fees
- Apology issued by MOF and agencies for erroneous charging of GST
- Refund process for affected taxpayers to begin from March 2024
- Estimated $1.5 million per year wrongly charged GST for individuals and non-GST registered entities
- Government to refund GST charged on fees with interest
- Legislative amendments to be made to clarify GST treatment on government fees
- Commitment to upholding high standards of governance and integrity by the Government
Source: mof.gov.sg
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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