Singapore legislation

Clause 4

of Goods and Services Tax (Amendment) Bill

Clause 4

Amendment of section 24

Section 24 of the principal Act is amended by deleting subsection (4) and substituting the following subsection:“(4) The Minister may, having regard to any international agreement or arrangement and subject to such conditions as he may impose, give to any person —

(a)

relief from, or a remission or refund of, the whole or part of any tax chargeable on the importation of goods or supply of goods or services by him; or

(b)

a refund of the whole or part of any tax on the supply of goods or services to him —

(i)

which, if he were a taxable person, would be his input tax; or

(ii)

for which, as a taxable person, he is not entitled to any credit as input tax under this Act,if the relief, remission or refund appears to the Minister to be necessary or expedient to give effect to the agreement or arrangement.”.

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