Alvin Tan on preventing GST profiteering
The Committee Against Profiteering (CAP) has received more than 350 feedback submissions to date. Of these, 32 involved specific allegations of GST misrepresentation. The CAP worked with its partners, including the Competition and Consumer Commission of Singapore, Consumers Association of Singapore and People's Association to investigate these cases. The businesses concerned were cooperative and have ceased the practices of GST misrepresentation. There have been no repeat complaints of GST misrepresentation against the same shops. Minister of State for Trade and Industry Alvin Tan gave this update in reply to an MP’s questions in Parliament on Tuesday (Oct 3).
The Committee Against Profiteering (CAP) has received more than 350 feedback submissions to date. Of these, 32 involved specific allegations of GST misrepresentation. The CAP worked with its partners, including the Competition and Consumer Commission of Singapore, Consumers Association of Singapore and People's Association to investigate these cases. The businesses concerned were cooperative and have ceased the practices of GST misrepresentation. There have been no repeat complaints of GST misrepresentation against the same shops. Minister of State for Trade and Industry Alvin Tan gave this update in reply to an MP’s questions in Parliament on Tuesday (Oct 3).
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