Online shoppers here may soon find that their purchases from e-commerce sites like Amazon, Taobao, Shopee and Lazada could become more expensive as Singapore slaps the Goods and Services Tax (GST) on imported goods worth $400 and below from Jan 2023.

In his Budget Speech on Feb 16, Singapore Deputy Prime Minister Heng Swee Keat said this will apply to goods imported via air or post that are valued up to and including the current GST import relief threshold of $400. 

These goods are currently not subject to GST to facilitate clearance at the border. In contrast, GST is paid on such goods purchased in Singapore.

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