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Product Receipt for Singapore

Product Receipt Template for Singapore

A Product Receipt Template is a standardized document used in Singapore for recording retail transactions and providing proof of purchase to customers. This document complies with Singapore's GST Act, Consumer Protection laws, and electronic transaction regulations. It includes essential business information, transaction details, product specifications, and tax calculations, serving as both a legal record of sale and a document for tax purposes.

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What is a Product Receipt?

The Product Receipt Template is a essential business document designed to meet Singapore's stringent commercial documentation requirements. It serves as an official record of transaction between a business and customer, incorporating all necessary elements required by Singapore law, including GST details, business registration information, and product specifications. This template is particularly crucial for businesses needing to maintain proper transaction records while ensuring compliance with local tax authorities and consumer protection regulations. The document must align with the Electronic Transactions Act for digital versions and the Personal Data Protection Act for handling customer information.

What sections should be included in a Product Receipt?

1. Business Information: Company details including name, registration number, GST registration number, and address

2. Transaction Details: Receipt number, date, time of transaction, and payment method used

3. Product Information: Detailed item description, quantity, unit price, and total price

4. Tax Information: GST calculation, tax amount, and total including GST

5. Payment Information: Amount paid, change given if applicable, and payment method details

What sections are optional to include in a Product Receipt?

1. Customer Information: Optional section for customer details when required for warranty or tax purposes

2. Return Policy: Terms and conditions for returns and exchanges

3. Warranty Information: Details of product warranty terms and duration

What schedules should be included in a Product Receipt?

1. Warranty Card: Detailed warranty terms and registration information form

2. Product Care Instructions: Guidelines for product maintenance and care

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Invoice Form

Sector

Sales

Cost

Free to use
Relevant legal definitions

























Clauses




















Industries

Consumer Protection (Fair Trading) Act: Primary legislation governing fair trading practices, requiring clear documentation of transactions, accurate representation of goods/services, and fair trading obligations in receipts

Sale of Goods Act: Legislation governing sale transactions, including requirements for documentation, transfer of ownership, and product description/conditions in receipts

Goods and Services Tax Act: Tax legislation requiring GST registration number display, tax invoice requirements, and proper GST calculation/display on receipts

Electronic Transactions Act: Legislation governing electronic transactions, including requirements for digital signatures and electronic record keeping if receipts are issued electronically

Personal Data Protection Act: Data protection legislation governing collection and handling of customer personal data, including consent requirements and data protection obligations

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Legislation governing product descriptions and safety standards compliance that must be reflected in documentation

Price Control Act: Legislation governing price display and documentation requirements in commercial transactions

IRAS Requirements: Inland Revenue Authority of Singapore requirements for record keeping and receipt documentation

ACRA Requirements: Accounting and Corporate Regulatory Authority requirements for business documentation and record keeping

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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