In Singapore, whether GST is applicable to the sinking or management fund contributions to the Management Corporation Strata Title (MCST) depends on the GST registration status of the MCST. If the MCST is registered for GST, it is required to charge GST on the maintenance fees, which include contributions to both the sinking and management funds³.
Some MCSTs may not be registered for GST if their annual taxable turnover does not exceed the mandatory registration threshold, which is currently set at S$1 million³. Therefore, they do not charge GST on the contributions.
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(65) 9856-9255
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like renting / selling, buying / or investing, I'm here to help!
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(***) You can check out my reviews here:
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*** You can reach me at my Singapore mobile:
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From: ABLE Toh- Your Property ASSISTANT : )
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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