Montana § 16-1-403 Excise Tax Accounting Methods -- Report Forms -- Penalty And Interest

Montana Statutes

§ 16-1-403 — Excise Tax Accounting Methods -- Report Forms -- Penalty And Interest

Montana·Title 16 ALCOHOL, TOBACCO, AND MARIJUANA·Ch. 1 ADMINISTRATION AND TAXATION OF ALCOHOL·Part 4 Taxation of Alcoholic Beverages

16-1-403 . Excise tax accounting methods -- report forms -- penalty and interest.

(1)Any carrier aggrieved by the application of the method provided in 16-1-402 may petition the department for use of an alternate method. If the department finds that the application of the method will be unjust to the carrier, it may allow the use of the method petitioned for by the carrier or may use another method that fairly reflects the liquor purchased outside this state and served for consumption within this state.

(2)(a) The department shall prescribe report forms that must be used by the carriers in reporting their sales and computing their liability for excise taxes and markup. Report forms must be filed and payment of excise taxes and state markup must be made on a quarterly basis. The filing of

Free access — add to your briefcase to read the full text and ask questions with AI

16-1-403 . Excise tax accounting methods -- report forms -- penalty and interest. (1) Any carrier aggrieved by the application of the method provided in 16-1-402 may petition the department for use of an alternate method. If the department finds that the application of the method will be unjust to the carrier, it may allow the use of the method petitioned for by the carrier or may use another method that fairly reflects the liquor purchased outside this state and served for consumption within this state.
(2) (a) The department shall prescribe report forms that must be used by the carriers in reporting their sales and computing their liability for excise taxes and markup. Report forms must be filed and payment of excise taxes and state markup must be made on a quarterly basis. The filing of report forms and payment of excise taxes and state markup must be made not later than the last day of the month immediately following the close of each quarterly period.
(b) A person who fails to file a required report form or to pay the excise taxes or state markup due under this part is subject to the penalty and interest provisions of 15-1-216 .

Montana § 16-1-403 (Excise Tax Accounting Methods -- Report Forms -- Penalty And Interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.