Remitting tax receipts; reports
Sec. 10. (a) Each refiner or terminal operator and each qualified
distributor that has received a prepayment of the state gross retail tax
under this chapter shall remit the tax received to the department
semimonthly, according to the following schedule:
(1) On or before the tenth day of each month for prepayments
received after the fifteenth day and before the end of the
preceding month.
(2) On or before the twenty-fifth day of each month for
prepayments received after the end of the preceding month and
before the sixteenth day of the month in which the prepayments
are made.
(b) Before the end of each month, each refiner or terminal
operator and each qualified distributor shall file a report covering the
prepaid taxes received and the gallons of gasoline sold or shipped
during the preceding month. The report must include the following:
(1) The number of gallons of gasoline sold or shipped during
the preceding month, identifying each purchaser or receiver as
required by the department.
(2) The amount of tax prepaid by each purchaser or receiver.
(3) Any other information reasonably required by the
department.
As added by P.L.94-1987, SEC.7.
Last modified: May 28, 2006