Does Singapore place tariff on luxury goods imported from other countries?
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- 10 months ago
More than 99% of all imports into Singapore enter the country duty-free. ... Singapore levies a 7% Goods and Services Tax (GST). For dutiable goods, the taxable value for GST is calculated based on the CIF (Cost, Insurance, and Freight) value, plus all duties and other charges
- 11 months ago
Singapore Customs Entry Regulations: Duty-free goods are for personal consumption only and are not allowed to be resold or donated. If the items that are brought into the country are outside the tax exemption, the excess will be taxed. If the transit passengers are carrying excessive items, the part of the transit passengers that exceeds the tax exemption area must be deposited with the customs and pay the custodian fee.
- Anonymous11 months ago
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