Below is the latest update concerning the temporary GST/HST relief that will apply to certain goods from December 14, 2024, to February 15, 2025.
The Canada Border Services Agency (CBSA) has advised that a list of eligible HS codes will not be provided to importers or trade chain partners. It will be the responsibility of importers to ensure the remission is applied correctly to eligible goods at the time of importation.
The CRA has indicated that businesses making reasonable efforts to comply with the legislation will not be a focus of compliance actions. However, verifications may target businesses that collect the GST/HST but fail to remit it to the agency.
Tax relief may be applied to goods released between December 14, 2024, and February 15, 2025, regardless of the purchase date. Goods that are released prior to December 14th, 2024, or after February 15th, 2025, are not eligible for the relief.
Given the CRA and CBSA’s emphasis on compliance and the importance of accurate application of the GST/HST relief, Omnitrans is requesting your direction on how to proceed with the application of the remission for your imported goods.
If you wish to benefit from the GST/HST remission, we require either specific instructions for each importation or blanket guidelines to ensure your entries are processed accordingly.
Note that Omnitrans will proceed with applying the GST/HST to potentially eligible goods if no guidance is provided.
Your prompt response will assist us in managing your entries effectively during this period. Please feel free to reach out if you have any questions or require further clarification.
To better understand if the exemption may apply to your products, visit GST/HST break - Canada.ca
Should you have any questions, do not hesitate to contact us at [email protected]
Customs Notice 24-43: Goods and Services Tax/Harmonized Sales Tax (GST/HST) break