Section 25
Taxable period
(2)
Notwithstanding subsection (1), the Director General may determine a different taxable period in respect of petroleum subject to such conditions as the Director General deems fit.
(3)
A taxable person may apply in writing to the Director General for a taxable period other than the period as determined under subsection (1).
(4)
The Director General may, upon receiving any application under subsection (3)—
(a)
allow the application and the taxable period shall be the period as applied for;
(b)
refuse the application and the taxable period shall remain as determined under subsection (1); or
(c)
vary the length of the taxable period or the date on which the taxable period begins or ends.
(5)
The Director General may, as he deems fit, reassign the taxable person to any taxable period other than the period to which he has been previously determined under subsection (1), (2) or (4).
Sales Tax 37