What are the permit requirements for importing Investment Precious Metals (IPMs) into Singapore?
Importers who wish to seek GST exemption upon import should ensure that their coins meet all the qualifying criteria for Investment Precious Metals (IPMs) prior to applying for the exemption permit.
Please refer to Customs website for more information on import permit requirements for IPMs.
The full list of qualifying IPMs bars, wafers, ingots and coins and the respective criteria for GST exemption, please refer to the Inland Revenue Authority of Singapore (IRAS) website and e-Tax Guide "GST: Guide on Exemption on Investment Precious Metals (IPMs)".
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