GI-148 CANCELLED Harmonized Sales Tax: Stated Price Net of GST/HST New Housing Rebate and the P.E.I. PST Transitional New Housing Rebate

This info sheet explains how to determine the consideration payable for new housing in P.E.I. where a builder's price includes the HST at 14% and is net of the GST/HST new housing rebate in respect of the federal part of the HST, if applicable, and the P.E.I. provincial sales tax (PST) transitional new housing rebate that a purchaser assigned to the builder.