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Jasper Appliances Is an Ontario HST Registrant

Question 42

Multiple Choice

Jasper Appliances is an Ontario HST registrant. Ontario has a 13 percent HST rate. As part of its Black Friday promotion, the store is advertising that, on that day, products can be purchased with no HST charged. On that day, a stove is sold for $2,800, its list price with no HST added to the amount owed by the customer. How much HST would Jasper Appliances owe the government as a result of this sale?


A) $322.12
B) Nil
C) $364.00
D) $133.33

Correct Answer:

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