Singapore legislation
Clause 3
Clause 3
Amendment of section 21
Section 21 of the principal Act is amended —
by deleting the word “or” at the end of subsection (3)(w);
by deleting the full-stop at the end of paragraph (x) of subsection (3) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(y)prescribed services supplied directly in connection with prescribed goods —
under a contract with a person who belongs in a country outside Singapore; and
which directly benefit a person who belongs in a country other than Singapore,if, at the time the prescribed services are performed, the prescribed goods are —
at an approved warehouse; or
at any place from which they may not be removed except with the permission of the proper officer of customs (and by virtue of which the prescribed goods remain under customs control), if —
(BA)the goods have been brought to that place from an approved warehouse for the purpose of an auction, an exhibition or other similar event involving the display of goods; and
(BB)the goods will be returned to any approved warehouse after the auction or exhibition or other similar event involving the display of goods.”;
by inserting, immediately after the definition of “aircraft” in subsection (4)(a), the following definition:“ “approved warehouse” means a warehouse or other premises approved by the Comptroller as an approved warehouse;”; and
by inserting, immediately after subsection (7), the following subsections:“(7A) The Minister may by regulations provide for the following:
for matters relating to the grant of approval by the Comptroller for a warehouse or other premises to be an approved warehouse;
where such approval is subject to any condition or requirement and the person to whom the approval is granted fails to comply with any such condition or requirement, for matters relating to the payment to the Comptroller without demand by that person of the tax that would, but for subsection (3)(y) or section 21C, be chargeable on the supplies that are referred to therein (whether made by that person or any other person) and that take place during such period as may be prescribed, commencing on or after the date of the failure.(7B) The Comptroller may publish such details of approved warehouses in such form or manner as he thinks fit.”.