Singapore: “Customer accounting” - KPMG Global
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Singapore: “Customer accounting” for goods and services tax (GST)

Singapore: “Customer accounting”

The Inland Revenue Authority of Singapore issued guidance on “customer accounting.”


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“Customer accounting” for goods and services tax (GST) in Singapore means that beginning 1 January 2019, the responsibility to account for output tax on a supply shifts from the supplier to the customer.

The customer accounting regime is intended to address fraud schemes when the seller absconds with the GST collected, and businesses down the supply chain continue to claim the input tax.


Read a November 2017 report [PDF 425 KB] prepared by the KPMG member firm in Singapore 

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