How To Get Repeat Business
Not only is it critical discover out whether a taxable sale was produced in Canada or not, however where in Canada. Whether it was made (or deemed to be made) any kind of of the Harmonized Florida sales tax (H.S.T.) provinces (Nova Scotia, New Brunswick, and Newfoundland and Labrador), a higher, thirteen percent H.S.T. rate applies (as at January 1, 2008). This is mainly because those provinces have allowed Canada to acquire their provincial sales taxes for them.
In Canada, exports are "zero-rated" sales for V.S.T. purposes. This implies that when you ship a product to someone outside Canada, you don't charge G.S.T. Yet, you find claim (or deduct from G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that foreign trade. The idea, I suppose, should be to encourage transferring.
Goods shipped to Canada are foreclosures G.S.T. on importation. Such tax is often assessed at the border. But what if you are a Canadian registered for G.S.T., supplying a Canadian customer but your supplier is either a foreign country?
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