Singapore legislation

Clause 24

of Goods and Services Tax (Amendment) Bill

Clause 24

Amendment of section 33

Section 33 of the principal Act is amended —

(a)

by deleting subsections (2) to (2C) and substituting the following subsections:“(2) For the purposes of this Act, where goods are imported by a taxable person and supplied by him as agent for a person that —

(a)

is not a taxable person; or

(b)

is a taxable (Seventh Schedule) person other than a registered (Seventh Schedule — full) person,then the goods are treated as imported and supplied by the taxable person as principal.(2A) For the purposes of subsection (2), goods imported by a taxable person and supplied by him as agent for a person that —

(a)

is not a taxable person; or

(b)

is a taxable (Seventh Schedule) person other than a registered (Seventh Schedule — full) person,are deemed to include goods which, following their import, undergo a treatment or process for the purposes of the supply.(2B) For the purposes of this Act, where goods are —

(a)

imported by an agent (A) that is a taxable person, for a person (P) that —

(i)

is not a taxable person; or

(ii)

is a taxable (Seventh Schedule) person other than a registered (Seventh Schedule — full) person; and

(b)

supplied for P by another agent (called in this section a substituted agent) that is a taxable person, appointed by P to take custody of the goods imported by A,then the goods are treated as imported by A as principal and supplied by the substituted agent as principal.(2BA) A person is not a substituted agent for the purposes of subsection (2B) unless the Comptroller has been informed, in such form and manner as the Comptroller may require, of the person’s appointment as such.(2C) For the purposes of subsection (2B), unless the Comptroller otherwise allows, goods supplied by the substituted agent for P (as described in that subsection) do not include goods which, following their import, undergo a treatment or process.”;

(b)

by deleting subsection (3) and substituting the following subsection:“(3) For the purposes of subsections (2)(a) and (2B)(a)(i), a person who does not belong in Singapore may be treated as not being a taxable person if as a result he will not be required to be registered by virtue of paragraph 1 of the First Schedule.”;

(c)

by inserting the word “and” at the end of subsection (5)(a);

(d)

by deleting the word “; and” at the end of subsection (5)(b) and substituting a full‑stop; and

(e)

by deleting paragraph (c) of subsection (5).

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