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| QUESTION: How do I claim an exemption from RST on goods I intend to resell? |
| TOPIC: P.S.T. |
| ANSWER |
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To receive an exemption from RST, you must provide a valid Purchase Exemption Certificate (PEC) to your supplier(s). A PEC can be used if you are entitled to claim an exemption from RST on the purchase of tangible personal property or taxable services or when entering into a contract of insurance or a benefits plan.
Source: Ontario Ministry of Revenue www.rev.gov.on.ca
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| RELATED LINKS |
| Related Resource Library Items |
- PST information: RST information guides
- PST, GST/HST
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| User profiles which indicate this topic |
- Mr. Paul Cass (Account 4it Canada Inc.)
- Mr. Emil Alphonsus (Alphonsus & Associates, Chartered accountants)
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