GST Gross Margin Scheme for Second-Hand Goods

1.  A GST-registered person is required to charge and account for 9% GST for the supplies of goods and services made in Singapore. The GST that is charged and collected is known as GST Output Tax and it must be paid to IRAS within a month from the end of the accounting period.     … Continue reading GST Gross Margin Scheme for Second-Hand Goods

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