With respect to the GST/HST, supplies fall under different categories with different sets of rules.Which of the following is false with regard to zero-rated supplies?
A)Zero-rated supplies are not included in the determination of the mandatory reporting period.
B)GST/HST is charged at a rate of 0%.
C)Prescription drugs and medical devices are examples of zero-rated supplies.
D)Input tax credits may be claimed on expenditures made to provide the zero-rated supplies.

Question

Quizplus · Accepted Answer

The Answer is A

With Respect to the GST/HST, Supplies Fall Under Different Categories