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Monday, May 6, 2019

we have peaceful life in Canada: Border Taxes,or Tariffs and Duties Taxes:  It's c...

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Border

Taxes or Tariffs and Duties Taxes:
  It's come from import- export based on the
movements of goods a cross the borders of GST (Goods and Service Tax) and HST (Harmonized sale tax) 5%. This tax goes to the federal government.

The Canada Border Services Agency collects duty and taxes on imported goods, on behalf of the Government of Canada. Duty is a tariff payable on a good imported to Canada.
 Rates of Duty are established by the Department of Finance Canada and can vary significantly from one trade agreement to another
No duty is payable on goods imported for personal use, if it is marked as "made in Canada or Mexico", or if there is no marking or labeling indicating that it was made somewhere other than Canada or Mexico.
More information on duties payable on all goods imported into Canada is provided in the Customs Tariff.
Most imported goods are also subject to the Federal Goods and Services Tax (GST) and
Provincial Sales Tax (PST) or, in certain provinces and territories, the Harmonized Sales Tax (HST)

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