PlayIt4ward-Furman University

When importing a car into Canada, is the GST based on current value or the original price?

When importing a car into Canada, is the GST based on current value or the original price?

Views: 7

Reply to This

Replies to This Discussion

It depends. You see,  I used to import to Canada and would definitely recommend the company that will definitely take care of it https://clearit.ca/services/importing-cars. You see, I was a newbie and have never used a custom broker before. These guys guided me through the process and entered my documents for me on my ticket, when I could not get them to upload. They pulled everything together in a quick and stress less way for me. Simply give them a try

Some provinces add their own taxes and they are combined and called “Harmonized Tax” because the rule book is the same for both. That’s a fantastic time saver for the vendor/employer because they only have to deal with one tax system — not two. Note that BC rejected this and we have both GST and a separate PST with completely different rules and regulations. PST sucks from an administrative point of view.

GST replaced the hidden and poorly understood Manufacturers Tax. Consumers didn’t even know they were paying this, and it was 13.5% and then PST went on top of that. That tax-on-tax action doesn’t happen now.

Reply to Discussion

RSS

Up To Date Support

Total Money Raised  2011 -2017 :

$18,282.00

Total Items Donated:

- 37 Jackets

- 11 Blankets

- lacrosse equipment

- 20 pillow pets

© 2024   Created by PlayIt4ward.   Powered by

Badges  |  Report an Issue  |  Terms of Service