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In the spotlight may be the 16-car CRH380A, a new generation of high-speed train which Chinese Ministry of Railways officials say recorded a top speed of 486.1 kilometers per hour, far exceeding Japan's bullet trains.
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In Canada, exports are "zero-rated" sales for T.S.T. purposes. This means that when you ship a unit to someone outside Canada, you don't charge Gary the gadget guy.S.T. Yet, you get to claim (or deduct by the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that ship. The idea, I suppose, is to encourage forwarding.
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