In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Customs Act 1960 · 2020 Revised Edition · Part 3 · Levying of Duty and Tax
23. Value of imported and locally-manufactured motor spirit
Feedback & supportFor the purposes of this Act, the value of any grade of imported or locally-manufactured motor spirit with a trade name or trade mark is taken to be the price inclusive of excise duty but excluding goods and services tax charged thereon for that grade with that trade name or trade mark prevailing in Singapore at retailers’ motor spirit pumps at the time when excise duty becomes payable.
motor spirit
Defined · s 3
“motor spirit” includes gasoline, petrol or any inflammable hydrocarbon liquid fuel for spark ignited engines;