Is Medical Insurance Zero Rated Or Exempt. A registered operator who supplies zero rated goods or services is allowed to claim input tax credit in relation to that supply. Vat has to be charged;
You cannot recover any vat you incur on your purchases or expenses. Gst/hst of 0% is charged, which means you do not collect the gst/hst on these supplies; Such an operator must obtain and retain documentary proof of his entitlement to apply the zero rates.