Published: April 10, 2020
Last Updated: April 10, 2020
GST/HST Refunds Will be Audited
If you submit a GST/HST that claims a refund because you exported your purchases or incurred a loss so that your input tax credits exceeded you GST/HST tax liability, your GST/HST tax return will be subject to a CRA tax audit before the refund is issued. It is very important to have all of the paperwork to support your refund available for the tax auditor.
Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."