Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 27.25

  (1)   The Commissioner must revoke a determination under section   27 - 15 relating to you if you so request, unless the Commissioner is satisfied that any of the grounds for making a determination under that section apply to you.

Note:   Refusing to revoke 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:

  (a)   must be 1   January, 1   April, 1   July or 1   October; and

  (b)   must not be a day occurring earlier than 12 months after the determination took effect.

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 ).