Singapore legislation

Clause 7

of Goods and Services Tax (Amendment) Bill

Clause 7

New section 33A

The principal Act is amended by inserting, immediately after section 33, the following section:“Repayment of tax to those in business overseas33A.—

(1)

The Minister may by regulations provide for the repayment, to persons carrying on business in countries other than Singapore, of tax on the importation of goods by them which would be their input tax if they had been taxable persons in Singapore.(2) Repayment shall be made in such cases only, and subject to such conditions, as the regulations may prescribe or imposed by the Comptroller (either generally or in particular cases); and the regulations may provide —

(a)

for claims and repayments to be made only through agents in Singapore;

(b)

either generally or for specified purposes —

(i)

for the agents to be treated under this Act as if they were taxable persons; and

(ii)

for treating claims as if they were returns under this Act and repayments as if they were repayments of input tax; and

(c)

for generally regulating the methods by which the amount of any repayment is to be determined and the repayment is to be made.”.

Read in full context — Goods and Services Tax (Amendment) Bill →