10 March 2014

The Goods and Services Tax Act (Amendment of Fifth Schedule) Order 2014 was published in the Government Gazette, Electronic Edition, on 3 March 2014, and shall come into operation on that day.

The Order amends Part II of the Fifth Schedule to the Goods and Services Tax (“GST”) Act.

Following the amendment, the non-refundable application fee in respect of an application for an advance ruling will increase from S$535 to S$562 (inclusive of GST).  In addition, the further time-based fee will increase from S$133.75 to S$140.50 (inclusive of GST) per hour, for each hour or part-hour subsequent to the first four hours spent in consideration of the application by the Comptroller of GST (including any time spent by the Comptroller in consulting with the applicant).

Source: Government Gazette