Goods and Services Tax (General) (Amendment No. 2) Regulations 2009

Status:

Published in Subsidiary Legislation Supplement
on 24 Mar 2009

No. S 118

Goods and Services Tax Act

(Chapter 117A)

Goods and Services Tax (General) (Amendment No. 2) Regulations 2009

In exercise of the powers conferred by section 86(1) of the Goods and Services Tax Act, the Minister for Finance hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Goods and Services Tax (General) (Amendment No. 2) Regulations 2009 and shall come into operation on 24th March 2009.

New regulation 98A

2. The Goods and Services Tax (General) Regulations (Rg 1) are amended by inserting, immediately after regulation 98, the following regulation:

“Permitted activities in bonded warehouse

98A.—(1) Operations which are necessary to preserve goods stored in a bonded warehouse, improve their packaging or marketable quality or prepare them for shipment may, with the approval of an officer authorised by the Comptroller and subject to such conditions as the officer may impose, be carried out while the goods are stored in the bonded warehouse.

(2) Without prejudice to the generality of paragraph (1), the operations referred to in that paragraph may include —

(a)	the breaking of bulk, grouping of packages, and sorting, grading and repacking of goods; and
(b)	the servicing and repair of motor vehicles.

(3) Operations other than those specified in paragraph (1) may, with the approval of the Comptroller and subject to such conditions as he may impose, be carried out on the goods while the goods are stored in the bonded warehouse.

(4) Goods in a bonded warehouse shall not be used in any manner except with the approval of the Comptroller and subject to such conditions as he may impose.”.

[G.N. Nos. S 674/2008; S 32/2009]

Made this 24th day of March 2009.

TEO MING KIAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[Customs CB.EW.C.9/4.9; MOF(R) 60.1.0013 V32; AG/LEG/SL/117A/2002/2 Vol. 4]

(To be presented to Parliament under section 86(2) of the Goods and Services Tax Act).

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