GST Exemption for Investment Precious Metals

Individuals or businesses importing investment precious metals (IPMs) into Singapore are exempted from paying Goods and Services Tax (GST) if the IPMs meet the IPM Qualifying Criteria.

For hand-carried IPMs, a valid GST exemption import permit must be declared prior to importation and presented together with the IPMs at the Red Channel upon arrival.

Read more about GST exemption for IPMs here.