Ministry of Finance consults public on GST amendments

QX179R SG

AS PART of the ongoing review of the GST regime, the Ministry of Finance will be conducting a public consultation on the draft GST (Amendment) Bill 2011.

The exercise will run from July 8 to July 28.

The draft GST (Amendment) Bill 2011 covers lowering GST compliance costs for the marine, biomedical and logistics sectors, clarifications on existing GST legislation and improvements to the GST administration.

The public can access the consultation documents along with the explanations for the draft GST (Amendment) Bill 2011 on the Ministry of Finance's website (www.mof.gov.sg) and the Reach consultation portal (www.reach.gov.sg).

Comments may be sent to the Ministry of Finance via the website, email, fax or post.

-- ST

I-like-flings(m) SG

no zero % for rice, salt, sugar, milk powder ar?

charlize SG

no zero % for rice, salt, sugar, milk powder ar?

If they do that, it will decrease the GST revenue collected annually.

Everybody eats rice.

So they have to pay.

lce SG

If they do that, it will decrease the GST revenue collected annually.

Everybody eats rice.

So they have to pay.

no rice, they eat only paper prata or tissue prata

served by the 1 n only

Fcukpap SG

now they are talking.....hooray for the first time ever public consultation....

but dun harbour too much hopes they will reduce much...haz haz

charlize SG

We need to pay and pay.

RaTtY8l SG

i tot gst is to help the poor??? lol

charlize SG

i tot gst is to help the poor??? lol

charlize SG

Since the poor needs these basic necessities for everyday living, by making them pay GST for these essential goods, it means they are effectively helping themselves.

We want the poor to be self reliant.

Really.