- IRAS has released the 18th edition of the e-Tax Guide for the GST Major Exporter Scheme (MES).
- MES helps businesses that mainly export goods by easing cash flow pressures.
- Approved businesses can suspend GST payment when importing non-dutiable goods, avoiding upfront GST to Singapore Customs.
Source: orbitax.com
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.
