Singapore legislation

Clause 5

of Goods and Services Tax (Amendment) Bill

Clause 5

Amendment of section 21

Section 21 of the principal Act is amended —

(a)

by deleting the words “section 21A” in subsection (1) and substituting the words “sections 21A, 21B and 21C”;

(b)

by deleting paragraph (h) of subsection (3) and substituting the following paragraph:“(h)prescribed financial services supplied in connection with goods —

(i)

for export outside Singapore; or

(ii)

the supply of which involves the removal of the goods from a place outside Singapore to another place outside Singapore;”;

(c)

by deleting sub-paragraphs (BA) and (BB) of subsection (3)(y)(B) and substituting the following sub‑paragraphs:“(BA)the goods have been brought to that place from an approved warehouse for the purpose of the repair of, maintenance of or performance of any other similar service on the goods, or for the purpose of an auction, an exhibition or any other similar event involving the display of goods; and

(BB)the goods will be returned to any approved warehouse after the activity or event referred to in sub‑paragraph (BA).”; and

(d)

by deleting the words “and (s)” in subsection (4A) and substituting the words “, (s) and (y)”.

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