This means that you do not charge your customers GST/HST on your supplies of goods and services, and you do not claim input tax credits (ITCs). Examples of exempt goods and services include:Used residential housing; Long-term residential accommodation (of one month or more), and ...
9% Reduced Hotel accommodation on long term basis (longer than 4 weeks) 0% Zero Exports and related services; financial services; land transactions; international transportation. 0% Exempt Financial services, real estate, precious metals Nigeria VAT rates Rate Type Which goods or services 7.5% Stan...
long-term rentals of residential accommodation (one month and more), residential condominium fees, health, medical, and dental services, child care services, domestic ferry services, legal aid services, educational services, etc.
You own a building in Nova Scotia where you operate your retail store (a commercial activity), and you rent an apartment on the upper floor to a residential tenant on a long-term basis (an exempt activity). The rent includes utilities. Your utility bill for the building that is used for...
The construction of the primary judge was incorrect because, in applying the GST Act, it is first necessary to identify the “supply” before ascertaining how to calculate the GST payable on that supply. Section 75-10 is concerned with calculating the margin for “the supply”. The term “...
TYPES OF MARINE INSURANCE POLICIESWithdrawn CVD exemption on portable X-ray machine / system, Budget 2014 12 Major risks and solutions in Imports and Exports Know the term Port of Discharge and Place of Delivery MSDS Material Safety Data Sheet ...
Free text invoices are not posting with terms of payment, such as Cash on delivery, Payment term, and GST.Upcoming fixes in 10.0.6Accounting entry issue on Import PO invoicing, along with bill of entry (BOE) feature, when an invoice is posted with reference to product receipt quantity. ...
ATO ID 2010/19 – GST and the supply of excess accommodation by a time-sharing scheme ATO ID 2010/20 – GST and supplies of an interest in a time-sharing scheme to non-residents overseas ATO ID 2010/22 – GST and land supplied by way of a long term lease on the condition that resi...