Goods and Services Tax: The Law & Practice

GST rate will be increased to 5% with effect from 1 January 2003. Are you prepared for the change? Do you know how it will impact you and your business? Are you aware of the changes that has taken place since GST came into effect on 1 April 1994? 

Mr Charles Lim was responsible for the drafting of the Goods and Services Tax Bill which was passed by Parliament. It was assented to by the President and came into force on 1 April 1994. Together with 3 collaborators from the Inland Revenue Authority of Singapore, they have contributed to this publication, Goods and Services Tax - The Law and Practice, making it the most authoritative text on the law and practice of GST in Singapore. 

This publication provides a comprehensive and comprehensible treatment on the law and practice of GST in Singapore, which is at the same time authoritative to a degree which most other commentaries on legislation will be unable to attain. It combines learned scholarship and sound legal analysis with practical advice on the administrative and compliance aspects. It also explains the subtle difference in the provisions and the legislative intention behind them.

Important Features:
· Most authoritative update and commentary
· The financial significance of the new GST rate
· An update of the changes since the introduction of GST
· Practical advice on the administration and compliance of GST