Singapore legislation
Clause 78
Clause 78
Power to require security and production of evidence
(1)
The Comptroller may, as a condition of allowing or repaying any input tax to any person, require the production of such documents relating to the tax as may have been supplied to that person and may, if the Comptroller thinks it necessary for the protection of the revenue, require as a condition of making any payment under section 19(5) the giving of such security for the amount of the payment as appears to him appropriate.
(2)
Where it appears to the Comptroller requisite to do so for the protection of the revenue, he may require a taxable person, as a condition of his supplying goods or services under a taxable supply, to give security, or further security, of such amount and in such manner as he may determine, for the payment of any tax which is or may become due from him.
(3)
Any person who without any reasonable cause fails to furnish such security as is required under subsection (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000.