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Found 2 results

  1. Just a sincere reminder to all our MCFers :) Travellers returning to Singapore to pay GST for shopping purchases Published on May 27, 2014 2:07 PM - See more at: http://www.straitstimes.com/news/singapore/more-singapore-stories/story/travellers-returning-singapore-shopping-have-pay-goods-a#sthash.6bT62Xnl.dpuf Travelling this school holidays? Singapore Customs is reminding travellers who return from overseas with shopping worth more than $600 to declare their goods and pay GST on it. More details here: http://bit.ly/1wdg0yR June is coming and that means overseas holidays for many families. But beware of lugging back too much shopping from your jaunts as your spoils could be subject to Goods and Service Tax (GST) once you get home. Singapore Customs has issued an advisory to remind travellers that GST is exempt for only for a certain value. If you travel out of Singapore for less than 48 hours, then you will not have to pay GST for goods valued up to $150. If you are away for more than 48 hours, you are exempt from GST for goods valued up to $600. Travellers will have to pay GST only on the value of the goods that exceeds the GST relief. For example, if you buy $800 worth of goods on a four-day trip to Hong Kong, you will need to pay GST for the $200 worth of goods. At 7 per cent, that comes up to $14. You will have to produce invoices or receipts of these purchases to help calculate the tax payable. You can pay taxes at the Singapore Customs' Tax Payment Office or at the self-service Tax Payment Kiosk at the checkpoints.
  2. Hi guys, I will be going to US with a fren for 3 weeks next week.. Current plan so far is go New york, then Los Angeles (Hollywood) followed by Las vegas for 3 days.. Any nice or happening place that I mustnt miss?? Don mind flying to other states too... Any recommendations for accomodation would also be appreciated. Preferably not too steep prices for Accomodation. Thanks!!!
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