| Complete Policy Title: | GOODS AND SERVICES TAX (GST) - IMPORTATIONS |
| Policy Number (if applicable): | CT-120 |
| Approved by: | COG |
| Date of Most Recent Approval: | October, 1996 |
| Revision Date(s): | |
| Position Responsible for Developing and Maintaining the Policy: | Director, Purchasing Resources |
| Contact Department: | CUSTOMS & TRAFFIC |
| DISCLAIMER: | If there is a discrepancy between this electronic policy and the written copy held by the Policy owner, the written copy prevails. |
The purpose of this policy is to outline the impact of the Goods and Services Tax with respect to University purchases which require importation into Canada.
All importations will attract GST except the following:
GST must always be remitted upon importation other than the exceptions listed above. The Importer of Record, the name in which the goods are being cleared under, is responsible for remitting any applicable GST/duty/taxes. If the company you are purchasing these goods from is also the Importer of Record, then we must remit the GST to this company unless otherwise stated in the Purchase Agreement. GST will be applied at the Border upon entry into Canada by the University's Customs Broker. It is advisable to use a Purchase Order when importing goods to ensure that the proper GST rebate is applied to your account. Where a Purchase Order is not used, send a copy of the cheque requisition or the invoice with the applicable GST account number to the Customs & Traffic Unit of the Purchasing Resources Department. GST will also be applicable on all Brokerage charges for services provided.