Can a company claim a GST refund from IRAS without collecting GST on the sale of goods?
Yes. A company can claim a GST refund from the IRAS even if it did not collect GST on the sale of goods. This is a common question regarding GST input tax on local purchases.
How Input Tax Recovery Works for Exports
0% GST on Exports: GST is taxed at 0% when goods are exported from Singapore.
Taxable Supplies: For GST purposes, the export of goods is still classified as a taxable supply.
Reclaiming Input Tax: Because exports are taxable supplies, the input tax directly attributable to them can be reclaimed from IRAS.
