SINGAPORE’S GOODS AND SERVICE TAX SYSTEM-HOW IT WORKS- A BRIEF SNAP SHOT
GST is a tax on domestic consumption. The tax is collected by the registered businesses, whenever the customer buys goods or services.
GST Brief Overview:
In order to determine whether GST applies to a particular situation or not, one should really know answer to the followings:
Merely passing on the clauses and / or sections are not enough.
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