I have a consignment with total CIF value exceeding S$400. How can I determine if the GST information that have been passed down to me accounts for LVG or non-LVG items?

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Accepted Answer

You may apply the best practice threshold which will serve as a “red flag” that the two pieces of GST information may have been erroneously passed down by the OVR Vendor.

To help you identify non-LVG items in a consignment exceeding S$400 where the two pieces of relevant GST Information are present but may have been passed down erroneously, we suggest that you perform the following checks:

Check if the CIF value* of any item is >S$600 (best practice threshold).
1. If the CIF value of any item is ≤ S$600, to declare a non-payment permit unless you have information that the item is non-LVG; or
2. If the CIF value of item is > S$600, to declare a payment permit unless you have information that the item is actually a LVG.
If only the total CIF value of the consignment is available and not a breakdown by item, you may compute a total CIF threshold based on the number of items in the consignment (e.g. S$600 x no. of items).

I have a consignment with total CIF value exceeding S$400. How can I determine if the GST information that have been passed down to me accounts for LVG or non-LVG items?

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