The Government of Canada has proposed introducing a new GST/HST holiday tax break. This initiative provides a temporary tax exemption on certain essential items, such as diapers, children’s clothing, and feminine hygiene products. Imported goods would qualify for temporary GST/HST relief as long as they meet the other qualifying conditions. The tax relief would be in effect from December 14, 2024, to February 15, 2025.
As of December 11, 2024, this Bill has yet to receive the Royal Assent to become law. We are also waiting for CBSA to provide a complete list of exempted HS codes.
For more information on eligibility and a full list of applicable items, visit the official announcement.