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Questions tagged [gst]

To be used for any question on GST [Goods and Services Tax]. The term is predominantly used in Australia and Canada. Typically a Federal [Central Government] tax. Other countries have different terms for this tax. The GST can be used for these as well. In some countries there is a separate Goods Tax and Separate Service tax. In this case this tax should not be used. The similar tax by State [province] is called differently and should not use this tax.

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Is SGST applicable if UGST is applied on purchase or sales?

If my transaction belongs to union territory. Is SGST also applicable when UGST is applied for such transaction?
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Am I supposed to get "GST/HST credit" cheques even if I have substantial savings abroad?

I have moved to Canada, Nova Scotia about a year ago, so I filed my first tax return (2017) already. Long story short, I lived the entire year out of my own savings - there was no income and no ...
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Looking for Canada GST memo D17.1 dated Jan 1995

In April 1999, Canada Revenue And Customs Agency revised its GST/HST Memorandum 17.1, obsoleting the previous version which was dated January 1995 I would like to obtain the obsolete, January 1995 ...
Jaredo Mills's user avatar
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1 answer
316 views

Obtaining Figures For Australian GST Business Activity Statement From GNUCash

I have been entering all my financial records into GNUCash, and now I need to find the most efficient way to extract all the needed figures for the BAS. The Income & GST Statement looks like the ...
Duncan's user avatar
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Claim duty back on phone purchased via contract termination because moving overseas

6 months ago I signed up for a 24 month phone plan which included a phone at no additional cost. Today I am preparing to move from Australia to the UK for a new job and I will have to cancel my ...
Frames Catherine White's user avatar
1 vote
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QuickBooks iif File Format for GST Taxable Transactions

How can a transaction be created with an iif file so it contains the auto-calculated Tax Amt and Tax Total? The following iif file does not create the required Tax Amt as shown in the image below: !...
flywire's user avatar
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Ontario, Canada rules for tax rates for services

In Canada, various provincial and federal taxes are applied to goods and services. In the event that a tax rate changes, there can often be confusion as to which tax rate to use for services rendered. ...
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Can GST tax input credits be claimed for Meals and Entertainment which are 100% deductible for income purposes?

Typical meals-and-entertainment operating expenses for business are limited to a 50% deductible towards income calculation. There are exceptions. The rules listed by the CRA allow higher percentage to ...
pf_init_js's user avatar
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Corporate tax & GST/HST tax - Canada

I've started self incorporated small business in Canada, registered with Ontario province in 2017. As per corporate tax structure, both corporate tax return and GST/HST return is filed by end of ...
overexchange's user avatar
1 vote
1 answer
2k views

GST and Per Diems.

As an independent contractor I charge GST for my services. When I travel outside of my home area for work I charge a per diem to cover meals and incidental expenses that are not itemized. It is a ...
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Value of gst and income tax

For country India Let I am registered gst tax payer under composition scheme. I am a trader selling burnt clay bricks. Rate of composition gst will be 1% for me. I get 1 crore 40 lakhs in current ...
Shivam Tripathi's user avatar
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Calculation of value of supply in gst

The total sales according to invoices is 3 lakh, but I received 10 lakh in the current account registered with GST. What will happen and how will GST be calculated?
Shivam Tripathi's user avatar
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Confusion in filing gst and income tax return

If you start filing gst returns then is it necessary that you should file income tax returns also
Shivam Tripathi's user avatar
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2 out of 3 events rule in gst

Why in India when rate of tax changes during supply 2 out of 3 events rule applies that is when 2 out of 3 things, ( provision of goods,receipt of payment,issue of invoice) occurs then that date is ...
Neev Garg's user avatar