Commercial Pilot Licence (CPAER) – Canada · Question
Which of the following describes a 'zero-rated supply' for GST/HST purposes?
A zero-rated supply is a taxable supply for GST/HST purposes where the rate of tax is 0%. Registrants can still claim input tax credits (ITCs) for the GST/HST p
Start free practice for Commercial Pilot Licence (CPAER) – Canada
150 questions · no signup required · 40 free questions per day
Question: Which of the following describes a 'zero-rated supply' for GST/HST purposes?
Answer options:
- A supply that is exempt from GST/HST. ✅ A supply on which no GST/HST is charged, but the registrant can claim input tax credits (ITCs).
- A supply on which GST/HST is charged at a reduced rate.
- A supply sold only in Quebec, subject to QST only.
Correct answer: A supply on which no GST/HST is charged, but the registrant can claim input tax credits (ITCs).
Explanation: A zero-rated supply is a taxable supply for GST/HST purposes where the rate of tax is 0%. Registrants can still claim input tax credits (ITCs) for the GST/HST paid on their inputs to make these supplies.
Start free practice for Commercial Pilot Licence (CPAER) – Canada
150 questions · no signup required · 40 free questions per day
More about Commercial Pilot Licence (CPAER) – Canada
Related Questions
- What is the minimum visibility required for a commercial VFR flight in Class D airspace at or below 3,000 feet
- What is the minimum age requirement to hold a Commercial Pilot Licence in Canada?
- Scenario 1: A commercial pilot conducting an IFR flight in Canadian airspace must hold which of the following
- Scenario 2: What is the minimum visibility required for a commercial VFR flight in Class D airspace at or belo
- Scenario 3: When flying over an unpopulated area, at what minimum altitude must a commercial aircraft be opera
- Scenario 4: The altimeter setting region in Canada extends from ASL to:
More for Commercial Pilot Licence (CPAER) – Canada candidates
Question explanations
- What is the minimum visibility required for a commercial VFR flight in Class D airspace at or below 3,000 feet
- What is the minimum age requirement to hold a Commercial Pilot Licence in Canada?
- Scenario 1: A commercial pilot conducting an IFR flight in Canadian airspace must hold which of the following
- Scenario 2: What is the minimum visibility required for a commercial VFR flight in Class D airspace at or belo
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Commercial Pilot Licence (CPAER) – Canada Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.