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The Commercial Invoice For Gift is an essential document in Singapore's international trade framework, specifically designed for non-commercial gift exchanges. This document is required when sending gifts across borders to comply with Singapore Customs regulations and GST requirements. It helps distinguish genuine gifts from commercial transactions, ensuring appropriate duty and tax treatment. The document includes crucial details such as the gift's description, value, sender and recipient information, and a clear declaration of its gift status. It's particularly important for Singapore's strict customs compliance and helps prevent potential issues with customs clearance.
