Sunday, April 19, 2009

GST to be charged on COE Open Bidding

With effect from 1 April 2009, the COE Open Bidding administrative fee will be $8.56 per bid, which is inclusive of the prevailing GST, currently at 7%. The announcement was made by the Inland Revenue Authority of Singapore (IRAS) through the Association of Banks in Singapore (ABS).

Lucky I got mine before that.. :)

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