Decision/Other
Adopted
GST waiver extended to wholesale activities
Singapore extended its GST waiver to cover wholesale gold activities, a move that matters because it supports the city-state's role in the growing gold market amid rising demand for gold as a reserve asset.
Actors and targets
Targets GSTpolicy
Source
extends GST waiver to wholesale activities
Extracted detail
Fields read from the post for this record type. The first group is ordered by what a reader usually needs; the rest stays collapsed.
- Decision
- GST waiver extended to wholesale activities
- Decision maker
- Singapore
- Sector
- gold
- Country
- Singapore
- Rationale
- demand for gold as a reserve asset is growing very fast given current uncertainty
- Quoted text
- “The demand for gold as a reserve asset is growing very fast, given the uncertainty that we are facing today,”
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