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Commentary

Non-industry specific schemes (Singapore)

45 Singapore

Singapore operates, amongst others, the following special schemes which are non-industry specific:

  1. Ìý

    •ÌýÌýÌýÌý Discounted Sale Price Scheme

  2. Ìý

    Under the Discounted Sale Price Scheme, a GST registered person can charge GST on 50% of the selling price when selling a second-hand/used vehicle. Prior approval from the Inland Revenue Authority of Singapore need not be sought.

  3. Ìý

    •ÌýÌýÌýÌý Gross Margin Scheme

  4. Ìý

    Second-hand

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