Can a company import goods into Singapore without paying import GST?
Yes. GST-registered companies may import goods into Singapore without paying import GST upfront under certain GST schemes approved by IRAS.
What GST schemes are available?
The two most common GST schemes are the Major Exporter Scheme (MES) and the Import GST Deferment Scheme (IGDS).
How do these GST schemes help businesses?
These GST schemes help to alleviate cashflow costs by allowing approved businesses to defer or suspend the payment of import GST when importing goods into Singapore.
