---
title: "GST waiver extended to wholesale activities — DecisionGateway"
description: "Singapore extended its GST waiver to cover wholesale gold activities, a move that matters because it supports the city-state's role in the growing gold market a"
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**Decision**/Other

**Adopted**

# **GST waiver extended to wholesale activities**

Singapore extended its GST waiver to cover wholesale gold activities, a move that matters because it supports the city-state's role in the growing gold market amid rising demand for gold as a reserve asset.

## **Actors and targets**

Targets GSTpolicy

## **Source**

> extends GST waiver to wholesale activities

*biztimes · Telegram [ Open post](https://t.me/biztimes/24204)*

## **Extracted detail**

Fields read from the post for this record type. The first group is ordered by what a reader usually needs; the rest stays collapsed.

<dl>

<dt>Decision</dt>
<dd>GST waiver extended to wholesale activities</dd>

<dt>Decision maker</dt>
<dd>Singapore</dd>

<dt>Sector</dt>
<dd>gold</dd>

<dt>Country</dt>
<dd>Singapore</dd>

<dt>Rationale</dt>
<dd>demand for gold as a reserve asset is growing very fast given current uncertainty</dd>

<dt>Quoted text</dt>
<dd>“The demand for gold as a reserve asset is growing very fast, given the uncertainty that we are facing today,”</dd></dl>

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Same kind only, ranked by embedding similarity to this record.

```json
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