What are the main changes in Singapore's GST rules for 2025?

The key change involves taxing low-value imported goods, previously exempt if valued below SGD 400. Businesses must now register for GST when importing these items.

How will this affect businesses importing goods into Singapore?

Businesses might encounter double GST payments, a new scenario requiring strategic financial planning. They must update processes to comply with the registration threshold.

What do these GST changes mean for consumers?

Consumers may see slight price increases due to the new GST on imported low-value goods. This could influence their purchasing decisions, affecting demand for international products.

Why did Singapore introduce these GST changes?

The changes aim to ensure fair taxation between local and foreign vendors amidst rising e-commerce activities. The goal is to modernize the tax system to match the evolving digital landscape.

Global Market Insights

Singapore GST News Today, Nov 15: New Rules Impact Importers

ByHuzaifa Zahoor November 15, 2025

On November 15, 2025, Singapore implemented significant changes to its GST regulations, specifically targeting imported low-value goods. These changes, part of the broader ‘Singapore GST changes 2025,’ aim to streamline and clarify tax obligations. This update affects both businesses and consumers, as it’s crucial to understand the implications of double GST payments. With Singapore as a major hub in international trade, these adjustments are set to have notable impacts.