Singapore legislation

Regulation 46G

Records to be kept

Amended byS 1003/2021 wef 01/01/2022

Subregulation 1

The claimant must keep a record of the claim.

Amended byS 1003/2021 wef 01/01/2022

Except as the Comptroller may otherwise allow, the record mentioned in paragraph (1) must consist of the following:

(a)

information on —

(i)

the amount of tax chargeable before the reduction in value of the relevant supply;

(ii)

the prescribed accounting period in which the tax chargeable on the relevant supply was accounted for and paid to the Comptroller;

(iii)

the date and number of any invoice or equivalent document issued in relation to the relevant supply;

(iv)

the reasons for the issue of the credit note for the relevant supply;

(v)

the amount of the reduction of the value of the relevant supply;

(vi)

the amount of the credit claimed for the relevant supply;

(vii)

the amount reimbursed by the claimant in connection with the reduction in tax; and

(viii)

the prescribed accounting period in respect of which the claim was made;

(b)

the records and documents under regulation 46F.