With Respect to the GST/HST, Supplies Fall Under Different Categories

question 5

Multiple Choice

With respect to the 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.

---

Definitions:

Government Aid

Financial assistance or resources provided by the government to support individuals, organizations, or countries in need.

Local Knowledge

The understanding and insights accumulated by people living in a particular area, reflecting their experiences, history, and culture, which can be critical for effective decision-making and development efforts.

Poverty Science

A movement by economists, policy researchers, and business researchers to understand what types of activities and interventions might more effectively alleviate poverty.

Randomized Experiments

An experimental design that uses random assignment of participants to different groups to mitigate selection bias, typically considered the gold standard in research for establishing causality.