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thestillroom004
New Member

Where do I enter the amount of GST I paid on supplies for my business?

 
1 Reply
DanPaul03
Level 3

Where do I enter the amount of GST I paid on supplies for my business?

You will keep a separate entry in your accounting records for taxes paid on inventory, but do not need to list it separately your income tax return.  Your cost of inventory includes the shipping and taxes paid to obtain the inventory.

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