Who needs a GST-62 form?
GST-62 form is needed for legal entities, who have small business in Canada. But that relates only for business, which makes sales of fact product (tools, foods, etc.).
What is for GST-62 form?
GST/HST is collected by small business on sales needs. It may be remitted by Canada Revenue Agency (with excluding Input Tax Credit). By that way company receives credit on GST/HST return. Tax rate may be different in each province.
All registrants available for using electronic HST/GST return filing possibilities. All eligible GST/HST registrants may use big number of electronic filing possibilities, provided by The Canada Revenue Agency.
This form shall not be filed (and as result, tax may not be paid) by religious organizations and native tribe organization and Quebec province.
Is GST-62 Form accompanied by other forms?
GST-62 is accompanied by other forms. But that depends on your province.
When is GST-62 Form due?
GST-62 must be filed and available until next tax period. Date of expiration must be noted inside the form (usually it is June 15).
How do I feel out GST-62 Form?
Write down the following information inside the form:
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Legal data about business (official name and name of applicant, date and reporting period)
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Total of sales and revenue
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Amount of adjustment
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Mention paid taxes and how much taxes must be paid to this period (if available)
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Instalments or other your payments
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Rebates from GST/HST (if available). Also, document about rebates must be attached
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Current balance
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Claim refund if available
Where do I send GST-62 Form?
Send completed form to the Canada Customers and Revenue Agency, Tax Centre, Po Box 20004 STN A, Sudbury on P3A 6B4
