Secure Your GST/HST Savings: Steps to Claim Import Tax Relief
Trade Update • Dec. 18, 2024
he Government of Canada has implemented a temporary GST/HST relief period for certain imported goods released between December 14, 2024, and February 15, 2025. During this time, eligible goods may be exempt from GST and HST, provided specific conditions are met.
Eligibility and Rules
The Department of Finance Canada has issued a description of eligible goods, but the Canada Border Services Agency (CBSA) has not provided a master list of HS tariff codes. This means that eligible and ineligible goods may fall under the same tariff classification, requiring careful review to determine eligibility.
As a result, GST/HST will be applied as usual to your import transactions unless we receive instructions from you that your goods qualify for relief. Importers will be responsible for validating eligibility in the event of an audit.
How to Take Advantage of the Relief
If you believe your goods qualify and wish to take advantage of this tax relief:
- Review and confirm eligibility for the goods in question.
- Notify your GHY Client Care Manager.
- Update your Canada Customs Invoice (CCI) data and tariff information, if applicable.
If goods are initially missed, GHY can submit a Correction to the Commercial Accounting Declaration (CAD) prior to CBSA’s payment due date. Note: that a service fee may apply due to the manual effort required.
For GST/HST registrants, any GST/HST paid at the border can still be recovered through Input Tax Credits (ITCs) for relief-eligible goods.
GHY is ready to support you in navigating this opportunity while ensuring compliance.
Questions on whether or not your goods qualify and how to apply for refunds? Contact your Client Care Manager or call us at: +1 (800) 667-0771.
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