Quote:
Originally Posted by chrisuoft
This is a great thread! Thanks OP! I have a quick question about this process now that the HST is here in Ontario.
Are we paying GST on import (5%) plus HST on registration (13%)?
Also, I have seen alot of conflicting information on whether or not I need to follow BMW Canada's import process in order to get base warranty coverage. Can anyone provide the definitive answer? http://www.bmw.ca/ca/en/general/import/content.html
Thanks!
Chris |
Chris,
I'm from BC, but I called up ICBC as well as the RIV and asked them this exact same question now that the HST is in effect in the province. The answer is: you will pay the GST (5%) part of the HST on import, and the rest (since you are in Ontario, the remainder is 8%) upon registration.
Keep us informed of your importation progress. Always good to hear other people's experiences!