Streamlined Accounting (GST/HST) Regulations — 10
10 (1) Subsection 5(1) applies for the purposes of determining an amount of tax that became payable or was paid without having become payable by a registrant during reporting periods ending after June 2006, except that for the reporting period of the registrant that includes July 1, 2006, the formula and the descriptions of A, B, C and D in subsection 21.3(2) of the Regulations shall be read as follows: (A × B) + (C × D) where A is (a) if tax under subsection 165(2) or section 212.1 of the Act was payable in respect of the supply or importation, 15/115, and (b) in any other case, 7/107, and B is the total of all amounts each of which is (a) the consideration that became due, or was paid without having become due, by the registrant during that period but before July 1, 2006, in respect of the supply of the property or service to the registrant, (b) the tax under Division II or III that became payable, or was paid without having become payable, by the registrant during that period but before July 1, 2006, in respect of the supply or importation of the property or service, (c) in the case of tangible personal property that was imported by the registrant, the amount of a tax or duty imposed in respect of the property under the Act (other than Part IX), the Customs Act , the Special Import Measures Act or any other law relating to customs, that became due or was paid without having become due, by the registrant during that period but before July 1, 2006, (d) the amount of a tax, duty or fee prescribed by paragraph 3(b) or (c) of the Taxes, Duties and Fees (GST/HST) Regulations that became due, or was paid without having become due, by the registrant during that period but before July 1, 2006, in respect of the property or service, other than tax imposed under an Act of a legislature of a province to the extent that the tax is recoverable by the registrant under that Act, (e) a reasonable gratuity paid by the registrant during that period but before July 1, 2006, in connection with the supply, or (f) interest, a penalty or other amount paid by the registrant during that period but before July 1, 2006, if the amount was charged to the registrant by the supplier because an amount of consideration, or an amount of a tax, duty or fee referred to in paragraph (c) or (d), that was payable in respect of the supply or importation was overdue, C is (a) if tax under subsection 165(2) or section 212.1 of the Act was payable in respect of the supply or importation, 14/114, and (b) in any other case, 6/106, and D is the total of all amounts each of which is (a) the consideration that became due, or was paid without having become due, by the registrant during that period but on or after July 1, 2006, in respect of the supply of the property or service to the registrant, (b) the tax under Division II or III that became payable, or was paid without having become payable, by the registrant during that period but on or after July 1, 2006, in respect of the supply or importation of the property or service, (c) in the case of tangible personal property that was imported by the registrant, the amount of a tax or duty imposed in respect of the property under the Act (other than Part IX), the Customs Act , the Special Import Measures Act or any other law relating to customs, that became due, or was paid without having become due, by the registrant during that period but on or after July 1, 2006, (d) the amount of a tax, duty or fee prescribed by paragraph 3(b) or (c) of the Taxes, Duties and Fees (GST/HST) Regulations that became due, or was paid without having become due, by the registrant during that period but on or after July 1, 2006, in respect of the property or service, other than tax imposed under an Act of a legislature of a province to the extent that the tax is recoverable by the registrant under that Act, (e) a reasonable gratuity paid by the registrant during that period but on or after July 1, 2006, in connection with the supply, or (f) inte