Goods and services tax (GST) is a tax that applies to the supply of most goods and services in Canada. Most goods and services supplied in or imported into Canada are taxable supplies and are subject to the GST/HST including real property and intangible personal property. There are some goods and services which are taxable at the rate of 0% (zero-rated) meaning that no GST/HST is charged on these goods or services. Examples of zero-rated supplies of property and services are :
- basic groceries such as milk, bread, and vegetables;
- agricultural products such as grain and raw wool;
- prescription drugs and drug-dispensing fees; and
- medical devices such as hearing aids and artificial teeth.
GST is generally collected by the person or business who is providing the service or goods. The tax is then remitted to the receiver general.
CRA Webstie - GST Video Series