Tax Court of Canada rules in favor of Axamit Versa Inc. in Excise Tax Act appeal

• The Tax Court of Canada issued a judgment in the case of Axamit Versa Inc. v. The King on December 15, 2022
• The judgment allowed the appeal from a reassessment made under the Excise Tax Act for the period from January 1 to December 31, 2015
• The main issue in the case was whether the appellant was required to obtain the Lessor’s ETA registration number (GST number) in a timely manner and send it to the competent authorities

Source: decision.tcc-cci.gc.ca

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.