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Reminder: Sales Tax and Duty Payment Deferral Ends

On March 27, the government announced that it would allow businesses, to defer all Goods and Services Tax/Harmonized Sales Tax (GST/HST) payments, as well as customs duty payments owed for imports, until the end of June. This measure was enacted to help businesses ease cash-flow challenges through the worst of the pandemic.

Carriers are reminded that the federal government will be ended on June 30 as originally planned.

Businesses that continue to experience difficulty in remitting GST/HST and customs duty amounts owing can contact the Canada Revenue Agency (CRA) and Canada Border Services Agency (CBSA) to make a request for the cancellation of penalties and interest, and/or for a flexible payment arrangement with the CRA.

For more information, see here –¬†https://www.canada.ca/en/department-finance/news/2020/06/government-provides-update-on-sales-tax-and-duty-payment-deferral.html

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