Singapore - Import TariffsSingapore - Import Tariffs
Singapore is generally a free port and an open economy. More than 99% of all imports into Singapore enter the country duty-free. For social and/or environmental reasons, Singapore levies high excise taxes on distilled spirits and wine, tobacco products, motor vehicles and petroleum products.
All U.S. exports to Singapore under the FTA are duty-free.
Singapore levies a 7% Goods and Services Tax (GST), this is scheduled to be raised to increase to 9% some time between 2021 and 2025. For dutiable goods, the taxable value for GST is calculated based on the CIF (Cost, Insurance, and Freight) value, plus all duties and other charges. In the case of non-dutiable goods, GST will be based on the CIF value plus any commission and other incidental charges whether shown on the invoice. If the goods are dutiable, the GST will be collected simultaneously with the duties. Special provisions pertain to goods stored in licensed warehouses and free trade zones. See Inland Revenue Authority of Singapore and Singapore Customs for more information.
Inland Revenue Authority of Singapore
Comptroller of Goods and Service Tax
55 Newton Road
Revenue House
Singapore 307987
Tel: +65 1800 356 8633 (General Helpline)
Fax: +65 6351 3553
Singapore Customs
55 Newton Road
#10-01 Revenue House
Singapore 307987
Tel: +65 6355 2000
Fax: +65 6250 8663