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What is the facilitation for the temporary removal of goods from approved warehouses?

Updated by CUSTOMS
During the Budget Speech on 22 January 2009, the Minister for Finance announced that with effect from 1 April 2009, GST and/or duty would be suspended on qualifying goods that are permitted to be temporarily removed from a Zero-GST or Licensed Warehouse (also known as "approved warehouse") for qualifying events.

The GST and/or duty on the sales of the goods at the events would be further suspended when the goods are returned to any approved warehouse after the events.

Topics:

Business ResourcesLicensed Premises for Zero-GST Goods

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