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What are the differences between GST in India and Canada?
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Canada introduced GST in the form of a multilevel VAT in 1991 on supply and services purchased in country included almost all products except certain essentials like groceries, residential rent and medical services

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GST goods and services tax - in canada this tax comes in every single thing you buy (food, groceries, haircuts), and each province has a set percentage to be paid. For example in alberta GST is 5% so say you buy something that cost 5 dollars. When you reach the cashier you will pay 5.25 (value + 5%). GST money is used for a large array of things and every item pays the same gst amount according to province tabs.

In Índia GST has the same goods and services tax name, however the idea is a bit different. Products have different amounts to be paid as gst, and they might fall under different categories such as 5/12/18/28% depending on the item.

The money from GST is used to finance lots of things such as health, education etc.
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I like your answer very much your answer is very important thanks for your opinion thanks a lot
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Indian dual goods and services tax is a value added indirect tax levied on manufacture, sale and consumption of goods and services throughout India. Whereas, Canada introduced GST in the form of a multilevel VAT in 1991 on supply and services purchased in country included almost all products except certain essentials like groceries, residential rent and medical services.
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The primary difference between GST in India and Canada is the rate of taxation. In India, the GST rate is currently 18%, while in Canada it is 5%. Additionally, India's GST system is multi-tiered, meaning that different goods and services are taxed at different rates, while in Canada, the GST rate is a flat 5% rate on all goods and services. 

Another difference is that in India, some goods and services are exempt from GST, while in Canada, GST is applied to most goods and services. Furthermore, in India, the GST is collected and administered by the central government, while in Canada, the sales tax is collected and administered by the provinces. 

Finally, India has a single registration system for GST, while in Canada, businesses must register with each province or territory separately.
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The Goods and Services Tax (GST) is a value-added tax system implemented in several countries around the world. While both India and Canada have implemented a GST system, there are some notable differences between the two.

Tax Rates: The tax rates in the two countries differ significantly. In India, there are four tax rates (0%, 5%, 12%, and 18%) for goods and services, while Canada has five tax rates (0%, 5%, 12%, 13%, and 15%) depending on the province or territory.

Exemptions and Thresholds: India has an exemption threshold of INR 20 lakhs for businesses to register for GST, while in Canada, the threshold is CAD 30,000. There are also differences in the types of goods and services that are exempted from the tax.

Tax Collection: In India, GST is a dual tax system, with both the Central and State governments levying the tax. In Canada, GST is collected by the federal government and shared with the provinces and territories.

Compliance: The compliance requirements for GST in India are more stringent compared to Canada. Businesses are required to file monthly returns, and there are penalties for non-compliance. In Canada, businesses are required to file quarterly returns, and the penalties for non-compliance are lower.

Overall, while both India and Canada have implemented a GST system, there are differences in tax rates, exemptions and thresholds, tax collection, and compliance requirements.
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The main difference between GST in India and Canada is that India applies it to all physical products, while Canada applies it to only online products. Additionally, India has a much more extensive market for your digital products, while Canada has a more extensive market for your digital products.
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The federal sales tax in Canada includes a 5% federal part and a provincial component varies from 7% to 15%. The Indian GST is more scientific as compare to the Canadian GST. In Canada, provincial sales taxes are levied in addition to GST. But in India, no provincial sales taxes are present except and local tax.
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In Índia GST has the same goods and services tax name, however the idea is a bit different. Products have different amounts to be paid as gst, and they might fall under different categories such as 5/12/18/28% depending on the item.

The money from GST is used to finance lots of things such as health, education etc.
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