(b) services are not related to goods already supplied or consumed before the date of my GST registration 2 ; (c) services are not supplied to my business more than 6 months before the date of my GST registration; (d) services are not used for the on-supply of my services to my...
(e) Exempt supply; (f) Out-of-scope supply; and (g) Sale of capital assets. What is standard-rated supply? For example, sale of goods in a supermarket. It is compulsory to register for GST when: • your taxable turnover for the past 4 quarters is more than S$1 million (i.e....
(b) Non-taxable supplies can be divided into exempt supplies and out-of-scope supplies. A distinction between the different types of supply is important because it determines whether a supply is subject to GST and the rate at which GST will be charged. In addition, it determines whether inpu...