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by billiam
Tue May 26, 2009 6:04 am
Forum: Canada / United States Tax & Accounting
Topic: GST remittance
Replies: 1
Views: 2017

You should refer here for information regarding GST:

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/gnrl/menu-eng.html

Under GST you report GST Collectible on taxable revenues and claim Input Tax Credits (ITC's) on goods purchased for resale & business expenses. Your remittance is the Net of these ...