How is GST calculated?

In most cases, the University gets a 67% rebate on GST. The Controller's Office has a list of Departments and specific codes that vary from this, (library books or Hospitality Services food Suppliers, for example).

Tax rules

Please pay attention to the tax rules and identify on LVPO's. This would be a big help to Accounts Payable staff, especially for US and Out of Province purchases. Some US Suppliers have a GST registration # which will affect the tax designation on a LVPO. It is a big help if the LVPO tax designation is filled in so A/P staff knows which "code" to use.

For example, if a US supplier charges GST on the invoice and quotes a GST number, then the tax would be different from a Supplier with no GST number. The GST would then be charged at the Border by Customs.