Zero-Rated Supplies (0% GST)

Definition: Zero-rated supplies are taxable supplies, but the GST rate applied is 0%. This means businesses don't charge GST on their sales but can claim Input Tax Credits (ITC) for the GST incurred on their business purchases and expenses.

Applicable Areas:

Exports: Goods that are exported and certain services related to exported goods are zero-rated.

International Services: Specific services classified under international services, such as repair services performed on goods which are later exported, or services directly connected with land or property outside Singapore, are zero-rated.

Documentation and Compliance: Businesses must maintain proper documentation (like export documents) to substantiate the zero-rating of these supplies. Failing to provide this documentation can lead to GST being levied at the standard rate (7% as of my last update).