What are the GST accounting procedures for goods that are sold and delivered locally?
If the seller is GST-registered, he has to charge GST on the sale of goods delivered locally and account the output GST (the total amount of GST involved in the goods sold and delivered in Singapore) to the Inland Revenue Authority of Singapore (IRAS).
Related questions
Is the Declaring Agent required to include additional tax and duty in the computation of GST if the invoice of my shipment included tax and duty incurred overseas?
I applied for an OUT (Direct) permit to export local goods but was rejected by customer overseas. The goods will be returned to me. What should I do? (For GST-registered company)
What should I do if the importer informs that he/ she has paid GST twice on the same goods (i.e., GST was charged on sale of goods by OVR Vendor and importation of goods was subject to GST payment again at border)?
What are the customs procedures for returning goods that was rejected by overseas consignee?
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