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![]() Join Date: Jun 2009
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General Market Condition: No Restrictions Are there special restrictions or tariffs that apply to used equipment that do not apply to new medical equipment? There are no restrictions or tariffs levied on new or used medical equipment. Singapore is generally a free trade port and an open economy. However, a 3.0-percent goods and services tax (GST) is imposed on goods sold and services locally provided. Imports are subject to GST but payments are refundable on re-exports. Can public health institutions buy used or refurbished Medical devices? Yes, public health institutions can buy used and refurbished medical devices. However, the public hospitals prefer to purchase new medical devices. Is there a market for used of refurbished devices? The general view is that there is no market for used or refurbished medical devices for the Singapore market as the general preference is for new medical devices. If there is a market, what types of used or refurbished medical equipment are in the greatest demand? As stated above, there is no market for refurbished products. |
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| devices, import, medical, preowned, refurbished, regulations, singapore |
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