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Saktiandi Supaat on Goods and Services Tax (Amendment) Bill

The proposed move to apply GST to low-value imported goods will be welcomed by local businesses, said MP Saktiandi Supaat in Parliament on Tuesday (Nov 2). However, he sought clarity on enforcement. With the sheer number of independent foreign merchants offering direct shipping to Singapore, he asked how the GST will be collected and whether this might significantly slow down deliveries. As for digital services, he asked how the authorities will track transactions and prevent tax evasion. Mr Saktiandi also expressed concern about the impact on cost of living, noting that any tax on lower-cost goods will likely affect lower-income households.

Saktiandi Supaat on Goods and Services Tax (Amendment) Bill

02 Nov 2021 06:08pm

The proposed move to apply GST to low-value imported goods will be welcomed by local businesses, said MP Saktiandi Supaat in Parliament on Tuesday (Nov 2). However, he sought clarity on enforcement. With the sheer number of independent foreign merchants offering direct shipping to Singapore, he asked how the GST will be collected and whether this might significantly slow down deliveries. As for digital services, he asked how the authorities will track transactions and prevent tax evasion. Mr Saktiandi also expressed concern about the impact on cost of living, noting that any tax on lower-cost goods will likely affect lower-income households.

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