is a GST/HST registrant and has already claimed an ITC. Any price reduction you make does not include a refund, adjustment, or credit of GST/HST, and you or the customer do not have to issue a credit or debit note for GST/HST purposes or make any adjustment on your GST/HST return....
Input Tax Credit is the credit that you can claim from Canada Revenue Agency (CRA) for the sales tax you have paid on goods purchased to produce your goods and services. If you pay GST or HST on goods and services for your business, you are eligible to claim some of these credits, wh...