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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 20-06-2013, 02:40 AM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up De-registration of GST.

An honorable member of the Coffee Shop Has Just Posted the Following:

Hi bro n sis,

A friend of mine just shifted his production to malaysia. And singapore left only retail shop. He wants to de-register his GST because his turnover after his shifting of production will be less than 1 million turnover.

As he has less deductable purchase gst, he feels troublesome to do GST for the government.

Can you bro and sis advise on this matteR?

I myself think he should de-register because he has got less purchase GST for deductions and is very troublesome to do GST every 3 months for the government.

Please advise.

TQ


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