Hey all - I recently imported my M3 into Toronto, Canada from California, USA. I completed the RIV Inspection (Form 2) and will soon go for the Safety Standards Certificate.
My question - I paid the full HST (13%) with the Canada Border Services Agency in Ontario. HST as you know is GST (5%) + PST (8%). I noticed on the Service Ontario site that "retail sales tax for the sale of the vehicle will be collected when you register". Does that mean I need to pay another 8% tax or does it cancel out as I already paid?
Thanks.
My question - I paid the full HST (13%) with the Canada Border Services Agency in Ontario. HST as you know is GST (5%) + PST (8%). I noticed on the Service Ontario site that "retail sales tax for the sale of the vehicle will be collected when you register". Does that mean I need to pay another 8% tax or does it cancel out as I already paid?
Thanks.