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Will there be an adhoc IBG deduction for GST payment if there is an insufficient funds?
If your IBG deduction is unsuccessful, you will be informed by Singapore Customs on the follow-up actions required for payment. Please ensure that you maintain sufficient funds in your bank account and update Singapore Customs on changes to your bank account, as a penalty may be imposed for failed IBG deductions.
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Payment to CustomsRelated questions
Can the goods be cleared if the GST payment for an approved permit is pending?
My company is importing goods into Singapore for sale. How should we make payment for the duty and/or GST of such imports?
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How do I make payment of duties and/or GST for permits?
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I have applied for a replacement permit. Will payment be deducted from my IBG account?
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