Singapore legislation
Clause 5
Clause 5
Repeal and re-enactment of section 27
Section 27 of the principal Act is repealed and the following section substituted therefor:“Importation and supply of goods by taxable persons27.—
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 him, 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 him 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 —
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, notwithstanding 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 to be paid.(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).(4) The Comptroller may publish the names and such other particulars of the taxable persons to whom regulations made under this section apply in such form or manner as he thinks fit.”.