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How much HST would Jasper Appliances owe the government

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Reference no: EM132613479

Question - Jasper Appliances is an Ontario HST registrant. Ontario has a 13% HST rate. As part of its Black Friday promotion, the store is advertising that, on that day, products can be purchased with no HST charged. On that day, a stove is sold for $2,800, its list price with no HST added to the amount owed by the customer. How much HST would Jasper Appliances owe the government as a result of this sale?

A. $322.12

B. $Nil

C. $364.00

D. $133.33

Reference no: EM132613479

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