SINGAPORE: From April 1, Singaporeans returning from
overseas and tourists can enjoy more Goods and Services Tax (GST)
relief. Those who spend more than 48 hours abroad will be able to
enjoy GST relief of up to S$600 - double the current amount of
S$300.
The Singapore Customs said the amount has been
revised upwards to keep pace with rising expenditures, and brings
the relief amounts closer to international norms.
Those who are away from Singapore for less than 48
hours can get GST relief for goods valued up to S$150.
Customs will also do away with the age criterion for GST relief
claims. Currently, the GST relief depends on the traveller's age,
in addition to the time he spends outside Singapore.
Those below 18 years old currently claim a lower amount for GST
relief.
The new GST relief will apply to all travellers, including
children, with the exception of pass/permit holders and crew
members.
All goods brought into Singapore for local use or consumption are
subject to GST of seven per cent.
To minimise inconvenience to travellers bringing a small amount of
goods into Singapore for personal use, they are granted GST relief
based on the value of goods they bring in. Such goods include new
articles, souvenirs, gifts or food items.
The GST relief does not apply to liquor, tobacco products,
petroleum and goods imported for commercial purposes.
-CNA/ac