Singapore Tax Agency Updates Guidance on GST Refunds by Businesses Under Electronic Tourist Refund Regime

The Singaporean Inland Revenue Authority April 4 updated guidance on the electronic tourist refund regime (eTRS) for businesses to provide GST refunds. The guidance explains: 1) the qualification and operation of businesses as an independent retailer or central refund agency; 2) the procedure for issuing eTRS transactions to tourists; 3) the eligibility criteria for customers to be considered tourists and claim GST refund; 4) goods that aren’t eligible for the GST refund; and 5) the penalties for fraudulent claims. [Singapore, Inland Revenue Authority of Singapore, 04/04/19]

Reference:
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