Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 162.15

  (1)   You may, by notifying the Commissioner in the * approved form, elect to pay GST by instalments if you are eligible under section   162 - 5.

  (2)   Your election takes effect from:

  (a)   the start of the earliest tax period for which, on the day on which you make your election, your * GST return is not yet due; or

  (b)   the start of such other tax period as the Commissioner allows, in accordance with a request you make in the * approved form.

Note:   Refusing a request to allow your election to take effect from the start of another tax period is a reviewable GST decision (see Subdivision   110 - F in Schedule   1 to the Taxation Administration Act 1953 ).