Goods and Services Tax (GST)
Starting 1st February 2023, the following paid products will be subjected to 8% GST:
- Coin bundle
- Annual CarouBiz Subscriptions
- Sales Subscriptions
- Seller Tools via direct payment by card
How will the price change with this GST inclusion?
While the base price of our Coins and Seller Tools remain unchanged, an additional 8% will be charged and included in the final price at the point of payment.
Will it cost more to purchase Seller Tools (e.g. Bumps, Shoutout, Spotlight) after 1 Feb 2023?
This would depend on how you choose to pay for your Seller Tools.
There will be no change to the number of Coins needed to purchase any of the Seller Tools. However, if a direct purchase by card is made after 1 Feb 2023, the purchase will be subjected to GST.
For example, if it costs 300 Coins (approx. S$3) to Bump your listing,
Paying for Seller Tools using |
Before 1 Feb 2023 |
From Feb 2023 |
Coins |
300 Coins* |
300 Coins* |
Direct Payment by Card |
S$3 |
S$3 + 8% GST |
*Cost of Coins will be dependent on when Coins were purchased. If Coins were purchased before 1 Feb 2023, you will not need to pay for GST for the Coins bundle purchased.