CRA confirms that it is required to allow unclaimed rebates when assessing under s. 296 without first requiring the receipt of rebate applications

CRA confirmed the proposition that in assessing a person’s net tax under s. 296, it was required to allow any valid but unclaimed rebate claims of the person irrespective of whether the normal rebate application period has expired or not yet expired – and is revising its Audit Manual to further clarify this point.

Neal Armstrong. Summary of 25 March 2021 CBA Commodity Taxes Roundtable, Q.9 under ETA s. 296(2.1).