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How was the HST applied to consumer purchases that straddle July 1, 2010?

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How was the HST applied to consumer purchases that straddle July 1, 2010?

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For purchases made starting May 1, 2010, consumers are charged the 13% HST for goods received or services performed after June 30, 2010. For example: In May 2010, a person made a partial payment to purchase furniture. Under the agreement, the person took delivery of the furniture in July 2010, makes 12 additional monthly payments between July 2010 and June 2011, and receives ownership of the furniture when all the payments have been made. The HST applies to the sale of the furniture. Find out more about transitional rules or call 1 800 337-7222.

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