- IRAS published the 18th edition of its e-Tax Guide on the GST Major Exporter Scheme (MES).
- MES helps major exporters by easing cash flow.
- Approved businesses can suspend GST payment when importing non-dutiable goods, avoiding upfront payment to Singapore Customs.
Source: news.bloombergtax.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.
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