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Global Trade Alert

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Singapore: 6th round fiscal stimulus to ease the impacts of COVID-19 pandemic

Description

On 16 February 2021, Singapore announced that it would impose Goods and Services Tax (GST) on the imported low-value goods (worth up to S$400 or USD 301) via air or post from 1 January 2023. The GST w...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 Jan 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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