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GST MAJOR EXPORTER SCHEME
Major Exporter Scheme (MES) is a scheme designed to ease the need for businesses to pay GST input tax on imported goods which are being re- exported. It is administered by the Inland Revenue Authority of Singapore (IRAS).
In order to apply for Major Exporter Scheme, GST registered businesses will have to submit a Declaration Form on “Completing Annual Review & Voluntary Disclosure of Errors”. Such declaration has to be certified by a tax professional who is either “Accredited Tax Practitioner” or “Accredited Tax Advisor”.
Prestige Group definitely can help you with MES Certification, Renewal & Audit.
JDT has its own in-house Accredited Tax Advisor to assist you in the MES certification, MES renewal or MES audit so as to meet the regulators’ requirements for Major Exporter Scheme application.