Sales
- On what items must I charge RST?
- If I pay RST on all my purchases, do I still need to collect tax on my sales?
On what items must I charge RST?
RST applies to tangible personal property, unless specifically exempted, and certain taxable services, such as telecommunication services, accommodation for less than one month, commercial parking spaces, labour provided to install, assemble, dismantle, adjust, repair or maintain tangible personal property, and contracts for the maintenance, warranty or service of tangible personal property.
For additional information, please refer to Small Business Pointer 901 - The Basics of Retail Sales Tax.
If I pay RST on all my purchases, do I still need to collect tax on my sales?
Yes. However, the supplier may refund the tax to you if you provide him/her with a properly completed Purchase Exemption Certificate claiming the goods were purchased for resale purposes, or you can claim a refund directly from the Ministry of Revenue.
