Regulation 66
Correction of errors
of Goods and Services Tax (General) Regulations 1993
Subregulation 1
Subject to this regulation, if any person makes any error in accounting for tax or in any return furnished under these Regulations, that person must correct that error in such manner and within such time as the Comptroller may require.
Subregulation 2
Every taxable person who is first registered under the Act on or after 1 January 2007 must, if the taxable person makes any error referred to in paragraph (1), correct that error by submitting through the electronic service such information within such time as the Comptroller may require.
Subregulation 3
Every taxable person (not being a taxable person mentioned in paragraph (2)) who, during all of the taxable person’s prescribed accounting periods ending in the calendar year 2005 collectively, makes supplies in Singapore which have a total value of more than $5 million must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 January 2007, correct that error by submitting through the electronic service such information within such time as the Comptroller may require.
Subregulation 4
Every taxable person (not being a taxable person mentioned in paragraph (2)) who, during all of the taxable person’s prescribed accounting periods ending in the calendar year 2005 collectively, makes supplies in Singapore which have a total value of not less than $2 million but not more than $5 million must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 April 2007, correct that error by submitting through the electronic service such information within such time as the Comptroller may require.
Subregulation 5
Every taxable person (not being a taxable person mentioned in paragraph (2)) who, during all of the taxable person’s prescribed accounting periods ending in the calendar year 2006 collectively —
makes supplies in Singapore which have a total value of more than $1 million must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 November 2007;
makes supplies in Singapore which have a total value of more than $500,000 but not more than $1 million must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 February 2008;
makes supplies in Singapore which have a total value of more than $100,000 but not more than $500,000 must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 May 2008; or
makes supplies in Singapore which have a total value of not more than $100,000 must, if the taxable person makes any error referred to in paragraph (1), with effect from 1 August 2008,correct that error by submitting through the electronic service such information within such time as the Comptroller may require.
Subregulation 6
Despite paragraphs (2), (3), (4) and (5), the Comptroller may allow any taxable person referred to in paragraph (2), (3), (4) or (5) to correct any error referred to in paragraph (1) by submitting information otherwise than through the electronic service in such circumstances as the Comptroller thinks fit.