GST rate increase from 7% to 8% on 1 Jan 2023

Importers need to clear their goods by 31 Dec 2022 to taken up GST rate of 7%.

Extension of permit validity period will not be allowed for permit expire on 31 Dec 2022.

In the event a permit have been delcared before expire on 31 Dec 2022 but is unable to clear his goods by 31 Dec 2022, GST short-payment permit of 1% is required to declare for cargo clearance.

Singapore Customs