As an importer, you will need to first determine if duty and/or GST payment should be made when your goods enter Singapore:
• Duty and/or GST are suspended when goods remain inside a FTZ
• Duty and/or GST are payable if goods are released directly for local circulation
• When goods are moved from a FTZ or entry point into a Customs licensed premises (such as zero-GST warehouses or licensed warehouses), duty and/or GST will be suspended as long as the goods are stored in the licensed premises
• Duty and/or GST are not payable for goods granted duty exemption or GST relief or those imported under the Temporary Import Scheme under Singapore Customs or the relevant Inland Revenue Authority of Singapore (IRAS) schemes:
• Major Exporter Scheme (MES)
• Approved Import GST Suspension Scheme (AISS)
• Import GST Deferment Scheme (IGDS)