Singapore legislation

Clause 13

of Goods and Services Tax (Amendment) Bill

Clause 13

Amendment of First Schedule

Paragraph 8(1) of the First Schedule to the principal Act is amended by deleting sub-paragraph (ii) of sub‑paragraph (a) and substituting the following sub-paragraph:“(ii)exempt supplies of —

(A)

financial services specified in paragraph 1 of Part I of the Fourth Schedule, where the financial services are international services under section 21(3); or

(B)

investment precious metals referred to in paragraph 1A of Part I of the Fourth Schedule, where the supplies of the investment precious metals are supplies referred to in section 21(6), (6A) or (7); or”.

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