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Sales Taxes  ->  GST/HST -> Interest and penalties on late GST/HST returns

Interest and Penalties Regarding GST/HST Returns

Part IX of the Excise Tax Act (ETA) regarding GST/HST has been revised, resulting in changes (effective April 1, 2007) to:

bulletrestrictions on refunds and rebates of GST/HST
bulletstart date for interest on a refund or rebate of GST/HST
bulletprescribed rates for interest paid on refunds or rebates of GST/HST
bulletprescribed rates for interest charged on overdue GST/HST
bulletpenalties for overdue GST/HST returns

Canada Revenue Agency (CRA) has published Notice 212 - Questions and Answers regarding legislative amendments to Part IX of the Excise Tax Act, which details the changes made.

For more information, see the CRA web page on penalties and interest regarding GST/HST, as well as their page on prescribed interest rates.

Revised: October 26, 2023


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