Local businesses importing services and importing or supplying low-value goods

Key requirements

Registered Singapore recipients not entitled to full input tax account for relevant imported services from 2020 and qualifying low-value goods from 2023 as if supplying them, with input recovery only to the permitted extent. A non-registrant that would not have full recovery must also check the S$1 million annual imported-service and low-value-goods registration test. Local sellers and qualifying marketplaces have B2C low-value-goods obligations from 2023. When buying from an OVR vendor, provide a valid GST number where appropriate; wrongful vendor GST should be refunded by the vendor, not claimed as input. Keep supplier, customer status and import classification evidence.