- The Advance Ruling System provides legally binding written interpretations on how the GST Act applies to specific business arrangements or transactions.
- Suppliers (or jointly with customers) should apply for advance rulings, and GST Group members may also apply.
- Applications require form GST F19, a $660 fee, and detailed information about the arrangement; express rulings are available for higher fees and faster processing.
- Standard rulings are issued within 1 month of receiving complete information; express rulings are issued within 10 or 15 working days, depending on the fee paid.
- Additional fees may apply for time spent beyond four hours, external professional advice, and other exceptional circumstances.
Source: iras.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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