With Respect to GST/HST,supplies Fall Under Different Categories with Different

With respect to GST/HST,supplies fall under different categories with different sets of rules.Which of the following is FALSE with regard to zero-rated supplies?

A) Zero-rated supplies are not included in the determination of the mandatory reporting period.
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

Unlock this answer now
Get Access to more Verified Answers free of charge

Sign up to view answer