New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

The issue was whether ITC could remain blocked under Rule 86A for nearly three years. The Court ruled that the restriction ...

The recent GST reset of slabs and rates was welcome, but not enough. Removing anomalies in GST’s input tax credit system could fire up private investment. Confusion over capital goods taxation soaks ...