Goods and Services Tax (GST) and Harmonized Sales Tax (HST) - Overview

GST and HST are taxes on the consumption of goods and services in Canada.  The University is required to collect GST on taxable sales and rentals and on taxable external expense recoveries.  As a public service body, the University is eligible for a rebate on GST of 67% on the majority of purchases and up to 100% input tax credit on certain purchases for items to be resold.   The University cannot claim rebates or input tax credits on the provincial portion of the HST.

For information on the GST/HST processes please refer to the relevant section of the Guide to Financial Management. 

Sales information is found in: Chapter 7 - Revenue and Banking - Goods and Services Tax (GST) and Harmonized Sales Tax (HST) - External Sales and External Cost Recoveries

Procurement information is found in: Chapter 9 - Procurement - Overview Goods and Services Tax (GST) and Harmonized Sales Tax (HST) 


 


Last Update: March 2016