The Company Declaration Scheme allows operators in the Airport Logistics Park of Singapore (ALPS) approved under this Scheme to remove local goods or goods (previously covered by permits) that are GST-paid or GST accounted for into Customs Territory from ALPS using a Company Declaration form (CD), in lieu of Customs permits.  GST will not be payable on these goods again. 

The CD is a simple declaration using the company’s letterhead and signed by an authorised personnel from the approved company.  The serially numbered CDs must be handed to ICA at time of clearance.

What are the pre-qualifying criteria for CDS?

The company must:

·         be an ALPS tenant and a taxable person with good compliance record;

·         have direct control and responsibility for all the goods within its facility; and

·         80% of the goods are for exports

What are the types of goods that come under CDS?

The types of goods that are eligible under CDS are:

·         locally sourced GST-paid goods that must be supported by a standard rated tax invoice indicating the prevailing GST rate;

·         locally-manufactured goods;

·         imported goods that entered Customs territory (Singapore) with a  valid Customs payment permit previously and subsequently brought back into ALPS

The Scheme excludes controlled and dutiable goods as well as goods purchased from another company within ALPS and Changi FTZ. 

What are the Responsibilities of a CDS Operator?

• Accountable for all the goods within its facility; they will be liable for any goods that cannot be satisfactorily accounted for
• Responsible for the accuracy of all information provided in the CDs
• Inform Singapore Customs in advance of any changes to their business model or activities.