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Which of these is a TRUE statement: (a) Businesses collect HST on behalf of the provinces (b) ITC can be claimed by a Business if
Which of these is a TRUE statement: (a) Businesses collect HST on behalf of the provinces (b) ITC can be claimed by a Business if the goods & services purchased are for personal use (C) If the ITC is higher than the HST collected, the Business will end up remitting HST to CRA (d) Businesses must start remitting HST on revenues above $30,000 even though there is no ITC claim for that period
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