This is in reference to Goods and Services Tax (GST) in Singapore. An exempt supply has two categories. The sale and lease of residential land and transactions of financial services. It is important to note that the input tax incurred in making exempt supplies is not claimable.

Out of scope supplies refers to supplies which are outside the scope of the GST Act. They include private transactions, sales transactions made within zero GST warehouses, transfer of businesses and the sale of goods from a location outside of Singapore to another location outside of Singapore.

If you are a company owner or director and require assistance with GST matters, you can contact us at [email protected].

When in doubt, seek legal advice or consult an experienced ACRA Filing Agent.

Yours Sincerely,
The editorial team at Singapore Secretary Services

For more useful articles and videos, visit the Singapore Secretary Services resource page.


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