Multiple Choice
With respect to GST/HST, supplies fall under different categories with different sets of rules.
A) Which of the following is FALSE with regard to zero-rated supplies?
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.
Correct Answer:
Verified
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