Anyone got experience dealing with the bogus GST voucher?
For those who don't know, it's a voucher that they give when they pay you back for a written off or stolen vehicle. They usually give you the agreed price in cheque and give you a separate voucher for the gst portion of the agreed price.
The bogus thing about it (so I found out) is that you can only get back up to that amount in paid-out gst only. So what happened in my case is I bought a car but traded in one in to lower my taxes. I thought I can claim that voucher against the purchase price. But this voucher can only be taken off the gst amount. My gst amount is minimal because of the trade-in. Now I've got a voucher worth $1200 that I can't use.
I've tried to debate this with them but the their argument is that they the gst amount is the max. amount they will pay up to. My argument is that since I paid gst for the vehicle that was stolen, I should get the gst back even if I don't buy another vehicle.
Did I tell you I hate dealing with ICBC!!!!!
Any ideas anyone?!