Example – Whenever you are a unique registrant

Example – Whenever you are a unique registrant

You prepaid service three months of rent having work place for usage in your commercial products towards age of elizabeth good registrant towards , you could allege a keen ITC for the GST/HST you paid down into lease into the month off March. You can’t claim an enthusiastic ITC into GST/HST your purchased book from ount relates to that time before you could turned into a great registrant.

You prepaid 3 months from book to possess office space to be used in your commercial products toward age elizabeth good registrant towards the , you might allege an ITC for the GST/HST you paid back toward lease towards the day from March. You can’t claim an enthusiastic ITC into the GST/HST you purchased rent of ount describes that point one which just turned into a registrant.

You can also allege a keen ITC for the GST/HST which had been payable before you can turned a good registrant in respect out-of characteristics to be supplied to you when you turned a beneficial registrant, or that you prepaid for rent, royalties, or similar costs for property that relate with that point once your turned an effective registrant, with the extent the services or house is to possess application, fool around with or supply in the course of your own commercial situations. (mehr …)