Reference and the two parties
The specimen is addressed to the Comptroller of GST at Revenue House, 55 Newton Road, Singapore 307987, with fields for your reference and date. Part 1 identifies the person acting as auctioneer, mortgagee or financier, such as a bank or receiver: name, address and GST registration number if applicable. Part 2 separately identifies the GST-registered taxable asset owner, mortgagor or hirer with name, address and GST number.
Supply details and output tax
Part 3 records the date or prescribed accounting period, description, amount excluding GST, GST rate, GST amount and total including GST for each supply. It includes a total-output-tax line. The specimen provides a place to record the applicable rate; it does not itself prescribe a GST rate for every transaction.
Purchases contractually supplied to the owner
Part 4 concerns purchases or expenses contractually supplied to the owner. Enter invoice date, description, pre-GST amount, GST rate, GST amount and total, then total input tax. The wording matters: the form distinguishes owner-related purchases from the disposing person’s own expenses, and the existence of a field does not by itself establish input-tax eligibility.
Net GST and declarations
Part 5 subtracts claimable input tax from output tax payable to IRAS to obtain net GST payable or claimable. Part 6 records contact name, telephone and email. Part 7 records declarant name, NRIC or passport number, and signature. The specimen is a reporting statement, not a tax invoice, approval or payment receipt.
Official source
This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.
Read the official PDF ↗