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Taxes · IRAS

Approved Marine Fuel Trader (MFT) Scheme

Approved MFT businesses avoid upfront GST on qualifying local marine-fuel purchases.

Source checked · 11 October 2026

Key requirements

The scheme supports Singapore-incorporated or registered bunker-fuel businesses supplying ocean-going ships. Applicants need GST registration, good tax and payment compliance, a valid MPA bunkering licence and strong records and controls. Apply with F16, business information, a licence valid at least the next three months and latest audited accounts. Approved marine fuel oil can be purchased from registered suppliers without the usual upfront GST, reducing refund-related cash flow. Verify current approval and the fuel specification: not every listed business remains active and not every petroleum product is approved marine fuel.

Official source

A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.

Read the official source ↗

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