- GIY appealed against the Comptroller’s decision to deny input tax claims totaling about $2.4 million for 82 transactions.
- The Comptroller disallowed the claims due to lack of conclusive evidence of genuine supplies and doubts about the legitimacy of the business transactions.
- The Board found that GIY failed to prove the goods in question matched the tax invoices and were used for legitimate business purposes.
- The appeal was dismissed, and the Comptroller’s denial of the input tax claims was upheld.
Source: singaporelawwatch.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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