I intend to bring some gold nuggets into Singapore. Do I have to declare and make GST payment?

Question

Accepted Answer

Individuals or businesses importing Investment Precious Metals (IPMs) into Singapore are exempted from paying Goods and Services Tax (GST) if the IPMs meet the IPM Qualifying Criteria.

Click here for more information on the importation of IPMs.

I intend to bring some gold nuggets into Singapore. Do I have to declare and make GST payment?

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