Unlike Singapore, Malaysia is implementing a reverse charge mechanism requiring recipients of imported services, regardless of their GST registration status, to self-account for GST on imported services. If the recipient is GST-registered and uses the services to make taxable supplies, he is entitled...
How to Check GST Registration Application Status? #1.Visit the GST portal atwww.gst.gov.in #2.Click on the Services tab and select the Registration option. #3.Click on the Track Application Status option. #4.Enter the ARN (Application Reference Number) received while filing the GST registra...
GST cancellation status after 28th GST meet At the 28th GST meeting, the government has changed GST cancellation procedure. Henceforth, the GST certificate shall be suspended immediately after the application for surrender of GST registration. Thus, no GST liability shall arise once you have applied...
These receipts should be from shops bearing the same GST registration number and shop name. Am I eligible for a GST refund? Besides being a tourist in Singapore, you have to meet the following criteria: You are not a Singapore Citizen or Permanent Resident; You are aged 16 and above at...
Simplified process for new GST registration, application status tracking, and resolving clarifications with the GST authorities. Tailored GST services for businesses, eCommerce sellers, startups, and government offices. Comprehensive GST services, including CA-assisted online document submission, GST return...
In a federal structure, India's determination to much-needed fiscal reforms has been widely applauded at its face value when she relinquished her previ
A bullion dealer in Singapore sold gold to QN Traders. The sale was at 100.782% of the prevailing spot price. QN Traders sold the gold bullion to Manila Exchange at 101.026% of the prevailing spot price. This was a supply of precious metal and therefore not a taxable supply. Manila Exchan...
While no clear answers can be provided at the moment as to how DeepSeek would possibly accumulate a stockpile of chips, the Reuters report states, referring to sources, that organised AI chip smuggling to China has been tracked from several countries, including Malaysia, Singapor...
Singapore GST rates Rate Type Which goods or services 7% Standard Goods and Services Tax (GST) (since July 2007) 0% Zero Zero rating includes: international services; exports; supply and lease of certain aircraft; supply of certain tools Slovakia VAT rates Rate Type Which goods or services 20...
Single GST rate in many countries: In many developed and emerging market economies, a single GST or VAT rate has been successful in optimizing tax revenue and minimizing tax disputes for example Singapore, New Zealand, the United Arab Emirates, and Japan, have opted for a single GST or VAT ...