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Understanding the Essentials of GST Webinar - 6th Run

TAKX Solutions' Understanding the Essentials of GST webinar is designed to equip participants with the knowledge and understanding to effectively apply the concepts of GST into their area of work - including GST treatment for international services, exports, disbursement vs reimbursement, gifts/benefits-in-kind for staff and business associates and more - that will enable you to complete the GST F5 return correctly and accurately, and avoid costly penalties. It is also ideal for current finance/accounting staff as a refresher and an ideal platform to clarify their doubts.

Key Topics

Day 1

  • Introduction
  • Overview & Basic Concepts of GST
  • Types of Supply
  • Output Tax vs Input Tax
  • Tax Invoice, Simplified Tax Invoices & Receipts
  • Foreign Currency Invoice
  • Credit Notes & Debit Notes
  • Claiming of Input Tax
  • Bad Debt Relief
  • Fringe Benefits - Update on Closed Nexus Test
  • Recap

Day 2

  • Imports
  • Ownership of Goods
  • Exports
  • International Services
  • Absorption of GST
  • Price Displays
  • Reimbursement vs Disbursement
  • Open Market Value
  • Disposal of Business Asset
  • Purchase of a Brand New Motor Vehicle
  • Sale of Second-Hand Motor Vehicle
  • Discounts vs Rebates 
  • Sponsorships
  • Free Samples
  • Deposits
  • Penalties & Interest
  • Reimbursement of Handphone BIlls
  • Entertainment & Office Expenses
  • Incidental Expenses
  • Record-keeping
  • Recap
DATE Thu, 08 October 2020
Fri, 09 October 2020
TIME 09:00:00 AM - 12:30:00 PM
LOCATION Live Webinar
COST $288 nett per participant (inclusive of course materials, certificate of participation)
PAYMENT METHODS Bank transfer or Paynow Corporate before commencement of workshop
Register Online or Download Registration Form and email to

Complete registration form below and submit.

Look out for confirmation email with soft copy invoice.

Remit payment by Paynow Corporate (UEN no. 200719590R), bank transfer, cheque or cash to TAKX Solutions Pte Ltd.

Look out for reminder email closer to workshop date.
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* Upon receipt of registration, any cancellation must be confirmed in writing, and will be subject to a 10% administrative charge. If notice of cancellation is received less than 5 working days before the course date, or if participant fails to show, participants will be invoiced for the full fee. However, substitutes will be allowed. TAKX Solutions Pte Ltd reserves the right to cancel/postpone the event or change the venue/date/time of the workshop in view of unforeseen circumstances. By clicking SUBMIT, you agree to our collection, use and/or disclosure of your personal data to the extent necessary to process your request and provide you with this service.