The Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax guide on the Third Party Logistics Company GST Scheme. The scheme is meant for GST-registered logistics companies that provide logistics management services in the capacity of an agent for their overseas principals who use Singapore as a logistics hub. The scheme allows GST-registered logistics companies acting on behalf of overseas persons (not registered for GST) to:
The updated guide includes additional details on conditions and requirements to qualify and remain qualified for the scheme.
Click the following link for the IRAS e-Tax Guide GST: Approved Third Party Logistics Company Scheme (Third Edition).
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