Purchase Exemption Certificate definition
Purchase Exemption Certificate means a single or blanket purchase exemption certificate that a Person is authorized to use and that contains all the required information under the Provincial Sales Tax Act (British Columbia).
Examples of Purchase Exemption Certificate in a sentence
B▇▇▇▇▇ Canada shall provide M▇▇▇▇▇ Canada with a Purchase Exemption Certificate in accordance with the Retail Sales Act (Ontario) in respect of any tangible assets purchased for resale.
For any Canadian PST jurisdiction in which the Purchased Assets are located, Purchaser will provide a Purchase Exemption Certificate (or its equivalent in Saskatchewan and Manitoba when required) to the Vendors on Closing, claiming exemption from Canadian PST for such jurisdiction on the basis that the Inventory is purchased for resale and/or the Purchased Assets are otherwise exempt from Canadian PST.