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A GST-registered supplier can zero-rate the supply of goods and
services if the supply involves the export of goods out of Singapore or if the services fall
within the description of “international services” under Section 21(3) of the GST Act.
Common examples of zero-rated supplies include the export of goods, sale of air tickets
and international freight services.
The value of the zero-rated supply must be reported in the GST return
There are two types of exempt supply
Regulations 33 Exempt supplies refers to specific categories of supplies specifically listed in Regulation 33 of the GST Act. Common examples include:
No GST is chargeable on exempt supplies as they are specifically exempted from GST.
Non- Regulation 33 Exempt supplies refers to exempt supplies which are not specifically listed. Common examples include the sale and lease of residential properties, and the supply of financial services as prescribed in the Fourth Schedule of the GST Act.