Consumer Protection (Fair Trading) Act: Primary legislation governing consumer transactions, ensuring fair trading practices and consumer rights protection in Singapore
Sale of Goods Act: Fundamental legislation governing the sale of goods, defining rights and obligations of buyers and sellers in Singapore
Goods and Services Tax Act: Legislation governing GST requirements, including current rate of 8% (increasing to 9% in 2024) and mandatory registration for businesses with annual turnover exceeding SGD 1 million
Electronic Transactions Act: Legislation governing the validity and use of electronic transactions and records, relevant if receipts are issued electronically
Companies Act Documentation Requirements: Requirements for proper business documentation and record-keeping under Singapore company law
IRAS Record Keeping Requirements: Inland Revenue Authority of Singapore's specific requirements for maintaining business transaction records and receipts
Price Transparency Requirements: Legal obligation to clearly display and communicate prices, including GST components and any additional charges
Mandatory Receipt Elements: Required elements including business name, registration number, GST registration number, date, description of goods, price breakdown, total amount, payment method, and receipt number
Terms of Sale Disclosure: Requirements for clear disclosure of any applicable terms and conditions of sale on the receipt
