CARM: What all importers need to know about CARM

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Terminology

P

PST, Provincial Sales Tax

Provincial Sales Tax (PST) is a regional retail sales tax that applies when a taxable good or service is purchased or acquired. In specific provinces it is combined with the federal Goods and Services Tax (GST) to form the Harmonized Sales Tax (HST)

Quick Tip #48
Know what type of insurance is available – and what’s best for your business

An open policy is typically for companies that have a regular frequency of goods in transit.

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