A New Tax System (Goods and Services Tax) Act 1999
Chapter 2
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The basic rules
Part 2-6
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Tax periods
Division 27
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How to work out the tax periods that apply to you
27-38
Revoking special determination of tax periods
(1)
The Commissioner must revoke a determination under section 27-37 if the Commissioner is satisfied that any of the requirements of paragraphs 27-37(1)(a) , (b) , (c) and (d) are not complied with.
The revocation takes effect on the day specified in the instrument of revocation. However, the day specified must be 1 January, 1 April, 1 July or 1 October.
A revocation under this section revives any election under section 27-10 , or any determination under section 27-15 or 27-30 , relating to tax periods applying to you.
The Commissioner must revoke a determination under section 27-37 if the Commissioner is satisfied that any of the requirements of paragraphs 27-37(1)(a) , (b) , (c) and (d) are not complied with.
Note:
Revoking a determination under this section is a reviewable GST decision (see Subdivision 110-F in Schedule 1 to the Taxation Administration Act 1953 ).
(2)
The revocation takes effect on the day specified in the instrument of revocation. However, the day specified must be 1 January, 1 April, 1 July or 1 October.
Note:
Deciding the date of effect of the revocation is a reviewable GST decision (see Subdivision 110-F in Schedule 1 to the Taxation Administration Act 1953 ).
(3)
A revocation under this section revives any election under section 27-10 , or any determination under section 27-15 or 27-30 , relating to tax periods applying to you.
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