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Many people stare at me taking chilli sauce at KFC when i order a meal


The_King

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2 minutes ago, meng.huat said:

 

Gst is govt collect, not their staff... U shd ask iras people come clear your tables.

 

the company do get back Net GST from iras as input tax

 

Charging and Collecting GST

Once you have registered for GST, you must charge GST on your supplies at the prevailing rate with the exception of relevant supplies that are subject to customer accounting. This GST that is charged and collected is known as output tax. Output tax must be paid to IRAS.

The GST that you incur on business purchases and expenses (including import of goods) is known as input tax. If your business satisfies the conditions for claiming input tax, you can claim the input tax on your business purchases and expenses.

This input tax credit mechanism ensures that only the value added is taxed at each stage of a supply chain.

 

 

IRAS-DB-GST%20Infographic-v3.1.png

 

 

https://www.iras.gov.sg/IRASHome/GST/GST-registered-businesses/Learning-the-basics/Goods-and-Services-Tax--GST---What-It-Is-and-How-It-Works/

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