chicken_mayonnaise_sandwich

Hi I would like to know what taxes are imposed upon the goods that is imported into singapore and what taxes can my gst registered company claim if they export the goods to other country.

Soapy_Raindrop

Import / Export ProceduresCustoms & Excise Duty Goods that are subject to customs & excise duties are known as dutiable goods.Dutiable goods in Singapore are intoxicating liquors,tobacco products,motor vehicles & petroleum products. You have to pay duty on these goods ("dutiable goods") if they are:manufactured in Singapore OR imported into SingaporeYou can temporarily suspend the payment of duties: in Free Trade Zones (FTZs) in Licensed Warehouses under the Industrial Factory Exemption SchemeYou may be able to reduce or eliminate duties if: you are importing goods from a country that has signed a Free Trade Agreement with Singapore OR you are importing goods from a country that is covered under one of the Schemes of PreferencesGoods & Services Tax (GST) The moment goods are imported into Singapore, they are subject to GST.GST is administered by the Inland Revenue Authority of Singapore (IRAS) and collected by Singapore Customs. GST on imports is 7% of the goods' CIF value (Cost, Insurance and Freight) plus any Customs duty,commission & other incidental charges applicable.You can temporarily suspend the payment of GST: in Free Trade Zones (FTZs) in Zero-GST Warehouses in Licensed Warehouses under the Major Exporter Scheme (MES)You can get a GST refund on GST paid on imports if the goods are later exported out of the country.You have to be GST-registered with IRAS to qualify for the refund.You can charge your customers GST if you register with IRAS to collect GST.Singapore Customs FeesSingapore Customs charges procedural & administrative fees.For instance,you have to pay fees for:supervising the destruction of goods supervising the unstuffing (i.e. unpacking from containers) of goods certified true copies of customs permitsAny further enquiries,please contact the Duties & Tax at Singapore Customs :Corporate HQ & mailing address: Singapore Customs55 Newton Road, #08-01Revenue HouseSingapore 307987Fax: (065) 6250 8663Customs Call Centre/Customer Service LineOperating hours :Monday - Friday 0800 - 1730 hrs Saturday 0800 - 1245 hrs Closed on Sundays and Public Holidays(The Customer Service Line is equipped with a 24-hour Interactive Voice Response System)Tel: (065) 6355 2000Email: customs_documentation@customs.gov.sg