09.12.22

GST on imports of low valued goods 

As of 1 Jan 2023, Singapore will implement GST on imports of low-value goods and non-digital services. The purpose of taxing low-value goods is to level the playing field between overseas and domestic vendors, also ensuring a fair and resilient GST system. 

Overseas suppliers who sell low-value goods (S$400 or less) to customers in Singapore must register GST with Singapore’s Overseas Vendor Registration (OVR) if the business:  

  • has an annual global turnover exceeding S$1 million; and 
  • makes B2C supplies of low-value goods to Singapore exceeding S$100,000.  

For more information, please refer to the e-Tax Guide.  

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