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Since May 2014, a total ban of alcohol with closing of night schools and limitation of nightlife areas took effect. The Liquor Control (Supply and Consumption) Bill was subsequently proposed and assented by the President of Singapore. Liquor licence categorisation is regulated by the new Act as follows: Class 1A: Trading Hours 0600hrs to 2359hrs
Ordinary distillation cannot produce alcohol of more than 95.6% by weight, which is about 97.2% ABV (194.4 proof) because at that point alcohol is an azeotrope with water. A spirit which contains a very high level of alcohol and does not contain any added flavoring is commonly called a neutral spirit. Generally, any distilled alcoholic beverage ...
Special licences: for extending liquor selling hours past the normal times (3 am in a pub because of a live coverage of sport events overseas, increasingly uncommon after the Sale and Supply of Liquor Act 2012 came into effect), or for granting on- or off-licences for a site that normally does not sell alcohol for the purpose of a series of ...
On 1 September 1992, the Inland Revenue Authority of Singapore (IRAS) was established by legislation as a statutory board [3] under the Ministry of Finance. With this conversion, IRAS was incorporated by the Inland Revenue Authority of Singapore Act to take over the functions previously performed by the Inland Revenue Department.
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According to a study conducted by The Straits Times and Statista, the 2019 funding round and business growth have made Grain fifth among Singapore's fastest-growing companies. [ 9 ] In 2020, Grain was on the list of LinkedIn Top Startups 2020 reveals 10 young companies that are emerging, or have remained resilient, amid the time of Covid-19.
Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [1]
Singapore is home to a lively craft beer scene with hundreds of craft beer brands imported from around the world and well-represented in the island. Since the mid 2010s, craft beers are more available throughout bars, restaurants and hotels as well as retail outlets from supermarket to independent craft beer stores, both offline and online.