If you visit Switzerland, you should know its VAT (local version of GST) and don’t forget to get tax refund.
The VAT (value added tax) rate in Switzerland is 8.0%. VAT is already included in the purchase price. Singapore travellers (as long as you are not residing in Switzerland) can claim a VAT refund if you have purchased goods to the value of at least CHF 300.00 per day and vendor. The purchased goods must be taken out of the country within 30 days, and must be displayed to the Swiss customs officials upon departure. [Read more…]