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Spring 2015 Children's Press/Franklin Watts Trade Paperback Catalog Order Form SCHOLASTIC CANADA LTD., 604 KING ST. WEST, TORONTO, ONTARIO, CANADA M5V 1E1 Tel: (905) 887READ (7323) Toll-free Order

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How to fill out gsthst will be applied

01

Determine if your business is required to register for GST/HST.

02

Gather all necessary information such as business number, business activities, and sales information.

03

Log in to your CRA My Business Account or register for a GST/HST account online.

04

Complete the GST/HST registration form and submit it to the CRA.

05

Once approved, start collecting GST/HST on taxable supplies and report and remit the collected tax to the CRA on a regular basis.

Who needs gsthst will be applied?

01

Businesses with annual taxable sales over $30,000 are required to register for and charge GST/HST.

02

Non-resident businesses that provide taxable goods or services in Canada are also required to register for and charge GST/HST.

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What is gsthst will be applied?

GST/HST, which stands for Goods and Services Tax/Harmonized Sales Tax, is a value-added tax that is applied to most goods and services sold in Canada.

Who is required to file gsthst will be applied?

Businesses that make taxable supplies in Canada and have annual revenues exceeding the GST/HST registration threshold are required to file GST/HST.

How to fill out gsthst will be applied?

To fill out GST/HST, businesses must report their taxable supplies, collect GST/HST on sales, claim input tax credits on purchases, and remit the net tax owing to the government.

What is the purpose of gsthst will be applied?

The purpose of GST/HST is to generate revenue for the government by taxing the consumption of goods and services, while also providing input tax credits to businesses to avoid tax cascading.

What information must be reported on gsthst will be applied?

Businesses must report their GST/HST registration number, taxable supplies made and received, input tax credits claimed, and the amount of net tax owing.

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