ANNOUNCEMENT 03 Sep 2012

In September 2012, the government of Singapore announced a change to the import-specific domestic duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 01 Oct 2012 | Removal date: open ended
Still in force

Internal taxation of imports

On 3 September 2012, the Singapore Customs announced in Circular No. 12/2012 that the importation of precious metals such as gold, silver, and platinum would be exempt from goods and services taxes (GST). The measure entered into force on 1 October 2012. 

AFFECTED SECTORS