For partial refund of duty and GST, which refund option should I select?

Question

Accepted Answer

For partial refund of duty and GST, please select "Apply Partial Refund Specific (PRS)" in the TradeNet.

If the duty and GST in the permit is paid by the importer (permit with condition "GF" and "TX"), the taxable importer can only claim duty refund from Customs. For GST paid, the importer will have to claim the GST as input tax from the Inland Revenue Authority of Singapore (IRAS) during the company's accounting period.

If the duty and GST in the payment permit is paid by the Declaring Agent (DA) (permit condition "G7"), the DA will be able to claim partial refund of duty and GST.

For partial refund of duty and GST, which refund option should I select?

Related questions

Submitted a refund application for a permit with "GF" and "TX" conditions but it was rejected.

I have submitted a refund application for a permit with "GF" and "TX" conditions but it was rejected due to "IMPORTER TO CLAIM FROM IRAS AT THE END OF THE ACCOUNTING PERIOD". What could I do?

Declarant tried to apply permit cancellation for an IG permit with GF and TX conditions but encountered rejection message, CANCELLATION IS NOT ALLOWED FOR PAID PERMIT. PLEASE APPLY FOR REFUND, what is the reason?

I just realised that some of the goods are still in the Free Trade Zone and the IG permit has been fully utilised. How to clear the remaining items?