GST Rate Revisions Update
Following this, we wish to inform you that eVantage Technology will be charging Goods and Services Tax (GST) as per the guidance below:
If invoice issued and full payment is received or the supply is fully performed before 1 Jan 2024, the supply is subject to 8% GST.
In all other circumstances, part or full value of the supply will have to be adjusted to 9% GST from 1 January 2024. A credit note will be issued for the initial invoice charged at 8% and a new tax invoice will be issued for applicable revised GST rate based on the transition rules from IRAS.
If you have any queries, please contact email@example.com for clarifications.