Singapore legislation
Section 27
Section 27
Importation and supply of goods by taxable persons
(1)
The Minister may by regulations —
in relation to goods imported by any taxable person in the course or furtherance of any business carried on by the taxable person, permit those goods to be —
delivered or removed without payment of the tax chargeable on the importation; or
delivered or removed, and supplied to any other person, without payment of the tax chargeable on the importation or on the supply; and
in relation to goods supplied by any taxable person in the course or furtherance of any business carried on by the taxable person to another taxable person, permit those goods to be supplied without payment of the tax chargeable on the supply.
(2)
Regulations made under subsection (1) may —
provide that goods imported by a taxable person in the course or furtherance of any business carried on by the taxable person (as referred to in subsection (1)(a)) may, subject to such requirements (including conditions, whether precedent or subsequent) as may be prescribed, include —
imported goods which are consigned to the taxable person as recipient in order for the taxable person to make supplies using or in relation to those goods, other than supplies referred to in section 22; or
goods which are imported in the circumstances referred to in section 33B;
(aa)require a taxable person referred to in that subsection to account for the tax chargeable on the importation or supply of the goods in such form and manner and within such time as may be prescribed, even though such tax is not payable; and
where any requirement of the regulations is not complied with or in such other circumstances as may be prescribed, require the tax chargeable on the importation or supply (or an amount equivalent thereto) to be paid by a prescribed person.
(3)
The Comptroller may, for the protection of revenue, impose conditions or restrictions in relation to any import or supply of goods referred to in subsection (1).