GSS day sees retailers ‘absorb’ GST
The 2018 Great Singapore Sale (GSS 2018) held its first GST-Absorbed Day last Saturday.
The GSS is organised by the Singapore Retailers Association (SRA) with the support of UnionPay. As part of the celebration, about 100 brands absorbed goods and services tax for all sales in a move to make GSS 2018 a stronger platform for retailers and to attract tourism spending.
UnionPay is the official payment brand of GSS 2018 and the Singapore Tourism Board (STB).
President of the SRA R Dhinakaran said “GST-Absorbed Day is part of the overall experience in making the 25th Anniversary of the Great Singapore Sale special. As GSS continues to evolve, Singapore Retailers Association will continue efforts to enhance the value proposition through more innovative ideas.”
GSS 2018 started on June 8 and will run through to August 12. A second GST-Absorbed Day will be held in a month’s time on August 8, the day before Singapore’s National Day.