Singapore GST F5 Return

The Singapore Localization SuiteApp provides tax reports template and tax reports localization for Singapore. You must install this SuiteApp to have Singapore tax reports available on the Country Tax Report page. For more information, see Singapore Localization.

Note:

This topic is for NetSuite accounts that use the Country Tax Report page to generate the Singapore GST report. If you are using the Tax Reports (International) page, see What goes into each box - Singapore GST F5 Return.

To generate a report, go to Reports > Tax > Country Tax Reports. For more information, see Generating the Singapore GST F5 Return.

Important:

Before you generate the GST F5 report for the first time, you must set and confirm your tax report preferences for Singapore. For more information, see Setting Up Country Tax Reporting Preferences.

The report shows the following filters that Tax Reporting Framework uses to get the values for each of the boxes on the report:

• Search Type

• Transaction Types

• Tax Codes

• Tax Transaction Types

• Tax Item Types

The filters are automatically set up but can be modified. If you want to customize the report and configure the filters, see Customizing Localized Tax Returns.

The following tables describe the reported values on the Singapore GST F5 report.

• Supplies

• Taxable Purchases and Imports

• Taxes

• Applicable to Taxable Persons under Major Exporter Scheme/Approved 3rd Party Logistics Company/Other Approved Schemes Only

• Did you make the following claims in Box 7?

• Revenue

• Import GST Deferment Scheme

Supplies

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
1	Total value of standard-rated supplies	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_DS SG_SR SG_SRCA-S	Domestic Sales	Goods Services
			Billable Expenses	Cash Sale Invoice	SG_DS SG_SR SG_SRCA-S	Domestic Sales	—
			Purchases	Bill Bill Credit	SG_SR_RC	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_SR_RC	Imports	—
			Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SROVR-RS	Exports	Services
			Billable Expenses	Cash Sale Invoice	SG_SROVR-RS	Exports	—
			Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SRLVG SG_SROVR-LVG	Domestic Sales Exports	Goods
			Billable Expenses	Cash Sale Invoice	SG_SRLVG SG_SROVR-LVG	Domestic Sales Exports	—
			Purchases	Bill Bill Credit	SG_SRCA-C	Domestic Purchases	Goods Services
			Expenses	Expense Report Bill Bill Credit	SG_SRCA-C	Domestic Purchases	—
2	Total value of zero-rated supplies	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_ZR	Domestic Sales Exports	Goods Services
			Billable Expenses	Cash Sale Invoice	SG_ZR	Domestic Sales Exports	—
3	Total value of exempt supplies	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_ES33 SG_ESN33	Domestic Sales	Goods Services
			Billable Expenses	Cash Sale Invoice	SG_ES33 SG_ESN33	Domestic Sales	—
4	Total value of (1)+(2)+(3)	Total sum of boxes 1, 2, and 3	(Autogenerated)

Taxable Purchases and Imports

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
5	Total value of taxable purchases	Net amount	Purchases	Bill Bill Credit	SG_TX SG_TXCA SG_TX-ESS SG_TX-N33 SG_TX-RE SG_ZP	Domestic Purchases	Goods Services
			Purchases	Bill Bill Credit	SG_IGDS SG_IM SG_ME	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_TX SG_TXCA SG_TX-ESS SG_TX-N33 SG_TX-RE SG_ZP	Domestic Purchases	—
			Expenses	Bill Bill Credit Expense Report	SG_IGDS SG_IM SG_ME	Imports	—

Taxes

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
6	Output tax due	Tax amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_DS SG_SR	Domestic Sales	Goods Services
			Billable Expenses	Cash Sale Invoice	SG_DS SG_SR	Domestic Sales	—
			Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SROVR-RS	Exports	Services
			Billable Expenses	Cash Sale Invoice	SG_SROVR-RS	Exports	—
			Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SRLVG SG_SROVR-LVG	Domestic Sales Exports	Goods
			Billable Expenses	Cash Sale Invoice	SG_SRLVG SG_SROVR-LVG	Domestic Sales Exports	—
			Purchases	Bill Bill Credit	SG_SR_RC	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_SR_RC	Imports	—
			Purchases	Bill Bill Credit	SG_SRCA-C	Domestic Purchases	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_SRCA-C	Domestic Purchases	—
7	Less: Input tax and refunds claimed	Tax amount	Purchases	Bill Bill Credit	SG_TX SG_TXCA SG_TX-ESS SG_TX-N33 SG_TX-RE	Domestic Purchases	Goods Services
			Purchases	Bill Bill Credit	SG_IGDS SG_IM	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_TX SG_TXCA SG_TX-ESS SG_TX-N33 SG_TX-RE	Domestic Purchases	—
			Expenses	Bill Bill Credit Expense Report	SG_IGDS SG_IM	Imports	—
8	Equals: Net GST to be paid to IRAS	Tax amount of Box 6 – tax amount of Box 7	(Autogenerated)

Applicable to Taxable Persons under Major Exporter Scheme/Approved 3rd Party Logistics Company/Other Approved Schemes Only

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
9	Total value of goods imported under this scheme	Net amount	Purchases	Bill Bill Credit	SG_ME	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_ME	Imports	—

Did you make the following claims in Box 7?

Box	Report Label	Details
10	Did you claim for GST you had refunded to tourists?	Enter amount.
11	Did you make any bad debt relief claims?	Enter amount.
12	Did you make any pre-registration claims?	Enter amount.

To enter amounts on boxes 10, 11, and 12, see Making Adjustments on a Country Tax Report.

Revenue

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
13	Revenue for the accounting period	Data of the selected account.
14	Did you import services and low-value goods subject to GST under reverse charge?	Net amount	Purchases	Bill Bill Credit	SG_SR_RC	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_SR_RC	Imports	—
15	Did you operate an electronic marketplace to supply remote services (includes digital services and non-digital services) subject to GST on behalf of third-party suppliers?	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SROVR-RS	Exports	Services
			Billable Expenses	Cash Sale Invoice	SG_SROVR-RS	Exports	—
16	Did you operate as a redeliverer, or an electronic marketplace to supply imported low-value goods subject to GST on behalf of third-party suppliers?	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SROVR-LVG	Domestic Sales Exports	Goods
			Billable Expenses	Cash Sale Invoice	SG_SROVR-LVG	Domestic Sales Exports	—
17	Did you make your own supply of imported low-value goods that is subject to GST?	Net amount	Sales	Cash Refund Cash Sale Credit Memo Invoice	SG_SRLVG	Domestic Sales Exports	Goods
			Billable Expenses	Cash Sale Invoice	SG_SRLVG	Domestic Sales Exports	—

The value reported on box 13 is from the account selected when Singapore tax return was set up. To review the account selected or to select or change an account, see Customizing Localized Tax Returns.

Import GST Deferment Scheme

Box	Report Label	Amount	Search Type	Transaction Types	Tax Codes	Tax Transaction Types	Tax Item Types
18	Net GST per box 8 above	Amount of Box 8	(Autogenerated)
19	Add: Deferred import GST payable	Tax amount	Purchases	Bill Bill Credit	SG_IM SG_IGDS	Imports	Goods Services
			Expenses	Bill Bill Credit Expense Report	SG_IM SG_IGDS	Imports	—
20	Equals: Total tax to be paid to IRAS	Box 18 + Box 19	(Autogenerated)
21	Total value of goods imported under this scheme	Net Amount of Box 19	(Autogenerated)

To view the Singapore GST report in detail, see Viewing a Generated Country Tax Report.

For more information about the reporting features of Tax Reporting Framework, see Country Tax Reports in Tax Reporting Framework.

Related Topic

• Singapore Localization
• Setting Up Singapore Localization
• Singapore Localization Tax Codes
• Singapore Localization Reports
• Generating the Singapore GST F5 Return

General Notices