British Columbia Bulletin PST 002, “Charging, Collecting and Remitting PST” has been updated to clarify the circumstances under which a seller may refund or credit Provincial Sales Tax (“PST”) to a customer.
Generally, refunds and credits may be issued within 180 days of the initial payment of PST. The seller can adjust their PST return and receive a refund from the Ministry of Finance. However, after 180 days, the seller’s PST return cannot be adjusted for any refunds issued to customers, and the seller is not eligible for a refund from the Ministry. Instead, customers have the option to claim a refund directly from the Ministry.