About Me-email is... grant.go@aol.com

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garden bay, west coast, Canada
persistent digging,never say never

Friday, August 21, 2009

HST Fraud Exposed,Oil and Gas Edition

Straight off the BC goverment web site,a list of PST exemption for the Oil n Gas industry under the current tax regime......It`s a big list.....lets go

http://www.sbr.gov.bc.ca/industry_specific/oil_and_gas/nontax_list.htm

OIL N GAS PST NON TAXABLE ITEMS

A)amine skids used to remove CO2 from raw natural gas-automated equipment at the well head,processing plant or refinery.

B)bags,filter for exempt equipment that qualifies for the production machinery-barrels-batteries-bits,drill,tricones-blow out ignition system-blow out preventors-buildings,portable

C)casings-catwalks-cementing equipment-centralizers-centrifuge-chemical barrels-coil tubing-compressors-computers-control panels-custom software

d)dehydrators-dectectors,flame-disposal lines-drifts-drill bits-drill stem-drums

E)EDR(electronic drilling recorder)-EDR system-electric generators and alternators-EDR recorder-elevators-emergency gas shut off devices-engines on pump trucks-equipment used to monitor and control production at the well head,processing plant,or rifinery

F)filters-fishing tools for retrieving tools lost down downhole-flame detectors-flare sticks-floats-fracturing equipment-

G)gas detection monitors-gas dehydration equipment-gas flow equipment-gas lift lines-gas shut off devices-gauges-generators or gensets-guns-

H)hand held tools-hardware for use in drilling-heaters-

I)incinerators

L)lab testint equipment-line heaters-lines,salt water disposal lines-liquefaction equipment

M)machinery and equipment used to inject substances into a resevoir to assist,enhance or maintain production-meter skids-measurement drilling equipment-molecular sieve-mole sieve pellets-monitoring equipment-machinery and equipment at the well head,processor or rifinery-monitors-motors-MWD-

O)optical sensors

P)packers-panels-PDC(drill bits)-perforating guns-pipes-pipe joints-pipe racks-piping systems-pit volume totalizer-potable buildings-portable toilets-pressure pipes and systems-pump units-pumpjacks-pumps and motorsPVT,used for monitoring the bore hole

R)racks,pipes used in the drilling process

S)safety valves-safety equipment-salt water disposal lines-SCADA equipment-scaffolding,walkways.catwalks.and similar items-screw pilings-sensors-seperator vessels-shot gun equipment-slickline-slips-snubbing unit-software on computers that monitor the operation machinery-solder,welding rods-spiders casings-stabbing guides-storage tanks-submersable sump pumps-submersable trash pump unit-sulpher recovery unit-systems piping

T)tanks for storage at refinery,processing plant-tanks for water-thread protectors-tools-tongs-torque gauges-trandformers-tricones-tubing

V)vacuum tanks and systems-valves-vessels

W)walkways-waste gas transmissions-waste systems and bins-water,natural,distilled,ionized-water disposal lines-water tanks-welding rods and solder-well logging equipment-well meter skids-wireline

Y)YC/YT elevators

Don`t be fooled people,big industry saving are way overblown...almost everything is exempt from PST already.

The Straight Goods

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