Taxable turnover is the combined value of all the taxable supplies that are made in Singapore (excluding Goods & Service Tax) during the course of the advancement of the business.
The taxable turnover includes the value of:
However, the taxable turnover excludes:
Under the GST Act, there are exempt supplies that are international services. In order to determine your GST registration liability, you must exclude their values from your total taxable supplies as well.
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