{"id":56532,"date":"2017-06-27T16:17:50","date_gmt":"2017-06-27T10:47:50","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?p=56532"},"modified":"2024-04-12T14:20:34","modified_gmt":"2024-04-12T08:50:34","slug":"canada-gst","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/canada-gst\/","title":{"rendered":"Canada GST"},"content":{"rendered":"

Certify and Increase Opportunity.<\/span>
\nBe <\/span>
\nGovt. Certified GST Professional<\/span><\/a><\/p>\n

Canada GST | GST<\/h1>\n

Canada GST is applicable in Canada.<\/p>\n

Canada has a federal government (like in India) and a federal GST was introduced in 1991 replacing the existing federal sales tax imposed on manufacturers and certain licensed wholesalers at a general rate of 13.5%. However, all provinces continued with the provincial retail sales tax (\u2018PST\u2019) thereby having two levels of levy. The harmonized sales tax (HST) is imposed in provinces that have harmonized their provincial sales tax with the GST (New Brunswick, Nova Scotia, Newfoundland and Labrador, Ontario, Prince Edward Island) and is a combination of a federal component and a provincial component (i.e., 5 percent to 8 percent) applicable generally on same base of property and services as the GST. In the remaining provinces, GST is imposed on taxable goods and services along with provincial sales tax or a retail sales tax. The three territorities (Northwest Territorities, Nunavut and Yukon and Province of Alberta charge GST at the rate of 5%.<\/p>\n

Most goods and services supplied in or imported into Canada are taxable supplies and are subject to GST at the rate of 5% or HST in the range of 13% to 15% (federal component of 5% and provincial component of 8 to 10%) with certain exceptions based on policy decisions such as:<\/p>\n