File a GST106
Reporting Period
Enter the reporting period of the GST/HST return on which you claimed a deduction for the rebate amounts you paid or credited.
Claim type
Select the claim type(s) being reported. You must fill in the fields that are marked with an asterisk.
Late filing
If you do not file this form by its due date, you have to pay a penalty equal to the interest calculated on the amount you claimed as a deduction. In some cases, you may also have to repay the amount you previously claimed as a deduction.
To find out which penalty applies, decide which of the following two scenarios best describes your situation. Report the amount calculated on line I and also on line 104 of the GST/HST return you file for the reporting period that includes the particular day.
Scenario 1: You file the form after the due date but before the particular day.
The particular day is whichever is earlier:
- the day that is four years after the due date of the return on which you claimed the deduction; or
- the day stipulated in a demand to file the information.
If this is the case, you will have to pay an amount equal to interest, at the prescribed rate, calculated on the amount you claimed as a deduction. It is calculated for the period:
- beginning on the due date of the form; and
- ending on and including the day you file it.
Scenario 2: You fail to file the form before the particular day.
In this case, you will have to repay the amount you previously claimed as a deduction, plus an amount equal to interest, at the prescribed rate, calculated on the deduction. It is calculated for the period:
- beginning on the due day of the form; and
- ending on and including the due date of the return for the reporting period that includes the particular day.
What is the prescribed rate of interest?
The prescribed rate of interest is the average rate charged on a 90-day treasury bill, adjusted quarterly, and rounded up to the nearest whole percentage plus 4%. You can find the prescribed rates at www.cra.gc.ca/interestrates.