Singapore Exempts Certain Bullion Coins From Goods and Services Tax
Singapore Customs identified four types of bullion coins that meet the requirements as Investment Grade Precious Metals that will be exempted from a Goods and Services Tax starting on Aug. 6. The four coins include Canada Creatures of the North…
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series silver coin, Canada Goose silver coin, United Kingdom Royal Arms platinum coin and South Africa Big Five series platinum coin. To apply for GST exemption for importation of the coins, interested parties may navigate to the Singapore Customs website, www.customs.gov.sg, for instructions on how to proceed.