Electronic Filing and Provision of Information (GST/HST) Regulations

Marginal note:Sales of specified housing — consideration

• 8 (1) If a builder makes specified housing supplies (other than specified housing supplies referred to in subsection (2)) in respect of which tax under subsection 165(1) of the Act becomes payable at any time in a reporting period of the builder, for the purposes of section 284.01 of the Act, the total of all consideration for those specified housing supplies made in each of Ontario, Nova Scotia, New Brunswick, British Columbia and Newfoundland and Labrador is each a prescribed amount in respect of a specified return for the reporting period.

• Marginal note:Sales of specified housing — Prince Edward Island

  (2) If a builder makes specified housing supplies in Prince Edward Island in respect of which tax under subsection 165(1) of the Act becomes payable at any time in a reporting period of the builder, for the purposes of section 284.01 of the Act, the following amounts are prescribed amounts in respect of a specified return for the particular reporting period:

  • (a) if the reporting period includes October 1, 2016, the total of all consideration for those specified housing supplies in respect of which tax under subsection 165(1) of the Act became payable before that date;

  • (b) the total of all consideration for those specified housing supplies in respect of which tax under subsection 165(1) of the Act became payable on or after October 1, 2016 and in respect of which no tax is payable under subsection 165(2) of the Act; and

  • (c) the total of all consideration for those specified housing supplies in respect of which tax under subsection 165(2) of the Act applies and became payable on or after October 1, 2016.