Postal or courier importation of low-value goods
convenience Online Shopping We see a lot of people buying goods from overseas markets, and if the value of goods imported by post or courier does not exceed S$400, there is no need to pay GST.
This GST-free package became history on January 1, and overseas suppliers, electronic marketplaces or forwarders of goods now need to register and collect GST low value goods Value up to S$400.
Goods worth more than S$400 will continue to be subject to GST, with Singapore Customs collecting GST prior to delivery via the SingPost mobile app, SAM kiosks or any post office or courier service provider.
The $500 discount on overseas purchases if we’re away for 48 hours or more, and the $100 discount if we’re away for less than 48 hours, remains unchanged at least for the time being.
travel arrangement service
‘Recovery in air travel emerges’revenge travelMany Singaporeans will still be doing so in 2022 despite higher airfares. GST is kept in check as travel agents charge zero for overseas holiday bookings.
However, from 1 January this year, if travel agencies provide travel arrangement services to Singaporean tourists, they will have to charge an additional GST of 8%.
While air tickets remain zero-rated, they are expected to remain high as fuel costs rise, which together with GST will make overseas travel packages more expensive from 2023 onwards.