GST Obligations after Registration
In this article, you will learn of your obligations after GST registration Implementing GST Your business becomes a GST-registered entity from the Effective Date of Registration as specified in the approval letter. Under GST regulations, there are responsibilities that you need to fulfill. Charge GST for standard-rated supplies For supplies of goods and services made […]
What happens if I am late for GST Filing?
In this article, you will learn about what happens when you are late for payment or filing for your GST returns. Non/late submission of GST return IRAS may impose penalty of $200 per month for each month that the return remains outstanding (capped at $10,000 for each outstanding return). IRAS may issue an estimated assessment […]
