The Inland Revenue Authority of Singapore (IRAS) has issued a new e-Tax Guide, Adopting GST InvoiceNow Requirement for GST-registered Businesses (First Edition). The e-Tax Guide explains the requirement for GST-registered businesses to transmit invoice data to IRAS using InvoiceNow-Ready Solutions by leveraging the InvoiceNow network and provides details to support GST-registered businesses to adopt the requirement.
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1 Aim
1.1 This e-Tax Guide explains the requirement for GST-register…